Industrial Space Overview
Marcus & Millichap exclusively presents investors the chance to acquire a rare, single-tenant industrial portfolio with five assets in three states. These properties have matching corporate leases to W.W. Williams, generating a current Net Operating Income of $1,466,813. The portfolio offers high-quality, net-leased assets in desirable markets, 100% leased to a corporation with long-term rent stability. The tenants will execute 10-year Absolute NNN Leases with 2% annual increases upon closing. Each property has excellent visibility and access, situated along busy thoroughfares. The portfolio's warehouse specifications include clear span construction, high ceilings, dock-high and grade-level loading doors, and flexible mezzanine space. Precast concrete walls, steel frames, and metal roofs provide durability, while 3-phase electrical service, natural gas heat, central air conditioning, fire sprinklers, and smoke detectors ensure utility and safety. Ample parking, fenced lots, security measures, and employee amenities enhance functionality. The warehouses feature racking, lighting, energy-efficient systems, high-bay lighting, durable flooring, cross-docking capabilities, and ample storage capacity, making them suitable for various inventory types. Energy-efficient systems and modern maintenance contribute to the overall appeal and value of this industrial portfolio.
