Attention Investors - 8.87% CAP

Industrial for Sale
Catylist Listing ID: 30470412
Property Subtypes: Manufacturing
Building Size (RSF): 58,160 SF
Gross Building Area: See Agent
Gross Land Area: 280,962 SF
Sale Price: $2,400,000
Unit Price: $41.27 PSF
Property Use Type: Investment
Building Name: Central Confinement Services Compound
Sale Terms: Cash to Seller
Cap Rate: 8.87%
Last Updated: 9/16/2019

Overview / Comments

-6 structure, 6.45 acre manufacturing compound located in Columbus, NE with
prime location off Hwy 81.
-Currently occupied by Central Confinement Services LLC.
-Financially sound tenant with 30+ years in Ag Mfg.
-Five (5) year lease ending 11/18/2023 w/ 5 year option.
-Current annual rent of $200,000.00 with 2.5% yearly accelerator.

Current Tenants

Tenant Business Name Central Confinement Services, LLC
Industry Type Manufacturing
Is Renting? Yes
SF of Space Occupied 58,160 SF
Current Rent $16,667 PSF (Annual)
Lease Expiration 11/2023
Escalations 2.5% on each anniversary of the Commencement Date (11/19/2018)
Options 5 year

Additional Details

Nearest MSA: Columbus
County: Platte
Tax ID/APN: 710022645
Highway Access: Right off Highway 81.
Tenancy: Single Tenant
Total Number of Buildings: 6
Property Condition: Good

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,197 9,327 23,228
Median Age: 43.04 40.74 38.04
Households: 449 3,875 9,228
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Midlands Regional CIE nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.