Long-term Ind. Investment Opportunity: Pollak Food Dist.
Industrial | 68,128 SqFt
Marketing description
This offering presents a rare opportunity to acquire a 68,128 SF condominiumized industrial facility leased long term to Pollak Food Distributors, a mission critical user that relies on the facility as its corporate headquarters and primary distribution center. The asset features specialized cold-storage infrastructure including a large freezer, cooler section, and fully equipped dock positions supporting the tenant’s regional distribution operations.
The property is 100% leased on a triple net (NNN) basis, with the tenant responsible for taxes, insurance, and maintenance, providing investors with a stable income stream.
Investment highlights
1. Long term Stability: The current lease commenced 7/16/2025, and as of 8/1/2026, there will be 10.5 years of remaining term with an annual NOI of $304,116 through 2027.
2. Triple Net Lease Structure: Fully leased to Pollak Food Distributors on a triple-net (NNN) basis.
3. High Quality Cold Storage Infrastructure: The building includes a large freezer and cooler (Tenant responsibility to maintain and restore), complemented by nine (9) active, fully equipped docks, all essential to Pollak’s distribution needs.
4. Landlord Roof Replacement: A significant benefit to a buyer—the Landlord is contractually obligated to replace the roof this year. Planning for that work is already underway, meaning an investor will inherit a major capital improvement without added cost.
5. Future Flexibility: Tenant holds two (2) five-year options with nine (9) months’ notice, providing additional long-term stability potential.
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