NNN Industrial Portfolio
262 Welcome Center Court Welcome NC 27295
Linville Team Partners, on behalf of ownership, is pleased to exclusively offer for sale the GREIF Industrial Investment Portfolio located at 25 Dewberry Lane, Cheektowaga, NY; 262 Welcome Center Court, Welcome, NC; 1242 Montgomery Dr., Meridian, MS; and 102 Commercial Dr N., Kingsland, GA. The Portfolio totals 402,663 SF of industrial space that is 100% leased to a single, historied tenant with 5.5 years of a NNN lease term remaining with two additional 5-year renewal options.
The Tenant, GREIF, is a global leader in industrial packaging products with over 140 years of experience. GREIF specializes in the manufacturing of paper packaging and has been operating collectively onsite for over five decades at below market rents. This Portfolio is a unique opportunity to own a recession-proof, single tenant industrial portfolio with significant upside.
| SITE 1 | Cheektowaga, NY (Buffalo MSA) |
| SITE 2 | Welcome, NC (Winston-Salem MSA) |
| SITE 3 | Meridian, MS |
| SITE 4 | Kingsland, GA (Jacksonville, FL MSA) |
Broker:
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Ben Bloodworth
Email
Details
Property Information
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Property Type
Investment
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Building SF
402,663
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Leased
100%
Pricing & Terms
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NOI
$2,154,248
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Terms
5.5 Years with Two 5-Year Options
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Comments
ROLLING CALL FOR OFFERS