2001 S HIGHWAY 61 LAKE CITY MN 55041-9555
Sale/Lease Back
Marketing description
TaTonka Real Estate Advisors is pleased to offer the sale-leaseback of Valley Craft’s 176,337 square foot industrial building located on an 8.06-acre site. Valley Craft will execute a new 10-year NNN lease at closing.
PRICE: NEGOTIABLE
NEW 10-YEAR LEASE SIGNED BY BALLYMORE
CORPORATION (PARENT COMPANY) ON CLOSING
YEAR 1 NOI: $793,517
2.25% ANNUAL INCREASES
NNN LEASE
MARKET RENT: $4.50 PSF
176,337 SF
SIGNIFICANT CAPITAL INVESTMENTS INTO THE FACILITY AND MACHINERY
Investment highlights
TaTonka Real Estate Advisors is pleased to offer the sale-leaseback of Valley Craft’s 176,337 square foot industrial building located on an 8.06-acre site. Valley Craft will execute a new 10-year NNN lease at closing.
PRICE: NEGOTIABLE
NEW 10-YEAR LEASE SIGNED BY BALLYMORE
CORPORATION (PARENT COMPANY) ON CLOSING
YEAR 1 NOI: $793,517
2.25% ANNUAL INCREASES
NNN LEASE
MARKET RENT: $4.50 PSF
176,337 SF
SIGNIFICANT CAPITAL INVESTMENTS INTO THE FACILITY AND MACHINERY
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