Allied Plastics
Twin Lakes, WI
Key Details
Price: | $16,426,800 |
---|---|
Cap Rate: | 6.50% |
Annual Rent: | $1,067,742 |
Address: | 150 Holy Hill Road, Twin Lakes, Wisconsin 53181 |
Property Type: | Industrial |
Lease Type: | Triple Net (NNN) |
Property Data
Original Lease Term: | 15 Years |
---|---|
Lease Commencement: | 12/1/2021 |
Lease Expiration: | 12/1/2036 |
Lease Term Remaining: | 12 Years |
Rental Increases: | 2.50% Annually |
Lot Size: | 18.32 Acres |
Building Size: | 223,884 SF |
Year Built: | 1988 |
Year Renovated: | 2020 |
NNN Pro is pleased to present the exclusive listing for a Allied Plastics located at 150 Holy Hill Road, Twin Lakes, Wisconsin 53181. The site consists of roughly 223884 rentable square feet of building space on an estimated 18.32-acre parcel of land. This Allied Plastics is subject to a 15-year Triple Net (NNN) lease, which commenced 12/1/2021. The current annual rent is $1,067,742 and has scheduled increases of 2.50% Annually.
About the Investment
- Misson-critical, Headquarters Facility, Strategically Located In The Center Of North America With Close Proximity To Blue-chip Customer Base
- NOI of $1,067,742
- One (1)Five (5)-Year Renewal Option
- 2.50% Rental Increases
- Facility SF 223,884
- Recent New Construction Expansion Adding 20% Of Additional Manufacturing Space
Key Details
Price: | $16,426,800 |
---|---|
Cap Rate: | 6.50% |
Annual Rent: | $1,067,742 |
Address: | 150 Holy Hill Road, Twin Lakes, Wisconsin 53181 |
Property Type: | Industrial |
Lease Type: | Triple Net (NNN) |
Property Data
Original Lease Term: | 15 Years |
---|---|
Lease Commencement: | 12/1/2021 |
Lease Expiration: | 12/1/2036 |
Lease Term Remaining: | 12 Years |
Rental Increases: | 2.50% Annually |
Lot Size: | 18.32 Acres |
Building Size: | 223,884 SF |
Year Built: | 1988 |
Year Renovated: | 2020 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Mark Masino
mmasino@nnnpro.com
License: NY: 10401324426
Madison O'Connor
moconnor@nnnpro.com
License: NY: 10401324427
Broker of Record
Brian Brockman
Bang Realty-Wisconsin, Inc
License: 58914-90
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.