Mission-Critical Manufacturing | NNN | Annual Increases
$3.5M Tenant Investment | Possible Bonus Depreciation
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*NOI & Pricing Inclusive of Solar Income
• Credit Profile: Wholly owned subsidiary of James Hardie Industries (NYSE: JHX), a leading global building materials company with approximately $4B in annual revenue and an investment-grade (BBB-) credit profile.
• NNN Lease with Scheduled Rent Escalations: ±6.5 years of remaining term with (2) 5-year options at FMV provide stable income with built in annual rent growth and minimal landlord responsibilities.
• Mission-Critical Facility: Company headquarters housing 100% of operations and revenue generation, with approximately $3,500,000 invested in 2018 into upgrading and building out the facility to meet the Company's operational needs.
• Solar Array Income & Bonus Depreciation: The offering includes a recently installed rooftop solar array that generates supplemental income through a power purchase agreement and may also qualify for bonus and accelerated depreciation.
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