This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2-Unit Filtration Group Portfolio 1309 S 58th St
80,171 SF Industrial Building Saint Joseph, MO 64507 £4,079,130 (£51/SF) 6.50% Net Initial Yield
Investment Highlights
- Located in exceptional industrial markets outside of the Charlotte and Kansas City MSA’s.
- The two properties comprise a total of nearly 130,000 square feet on over 12 acres.
Executive Summary
Jonna Group of Colliers International is pleased to
present the opportunity to acquire a portfolio of two
Industrial Properties leased to Filtration Group, LLC.
Filtration Group guarantees both leases and carries
a “B” rating from Standard & Poor’s. Filtration Group
has more than 7,200 employees across 28 countries,
with an annual revenue of over $1.5 Billion. Filtration
Group is a leading manufacturer of filtration
products, science tools, fiber and foam material
development, and industrial technologies, including
hydraulic filters.
The two properties comprise a total of nearly
130,000 square feet on over 12 acres. Filtration
Group leases and occupies the full 49,614 SF at
the York, SC location. BMS Logistics, Inc. operates
under a sublase at the St. Joseph, MO location. BMS
Logistics, Inc. has operated at this location since July
of 2016 and their sublease extends into 2024.
This offering provides potential buyers with
attractive returns and rent increases to hedge
against inflation. In addition, there are 6+ years
of term remaining and guaranteed by a strong,
essential, credit-rated tenant, ensuring reliable
returns. The portfolio is also located in exceptional
industrial markets outside of the Charlotte and
Kansas City MSA’s, strengthening lease renewal
potential or retenanting potential.
Property Facts
| Price | £4,079,130 | Rentable Building Area | 80,171 SF |
| Price Per SF | £51 | Number of Floors | 1 |
| Sale Type | Investment NNN | Year Built | 1997 |
| Net Initial Yield | 6.50% | Tenancy | Single |
| Sale Conditions | Portfolio Sale | Parking Ratio | 1.07/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 32 ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 16 |
| Building Class | B | Level Access Doors | 4 |
| Lot Size | 4.82 AC |
| Price | £4,079,130 |
| Price Per SF | £51 |
| Sale Type | Investment NNN |
| Net Initial Yield | 6.50% |
| Sale Conditions | Portfolio Sale |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.82 AC |
| Rentable Building Area | 80,171 SF |
| Number of Floors | 1 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 1.07/1,000 SF |
| Clear Ceiling Height | 32 ft |
| No. Dock-High Doors/Loading | 16 |
| Level Access Doors | 4 |
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Manufacturing
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
They offer full concept-to-completion services for the product displays essential in today's retail marketplace. They help showcase products during special promotions, seasonal sales or introductory marketing campaigns with eye-catching displays of all shapes, sizes, and configurations. They provide concept-to-completion contract packaging, variety packaging, registered film bundling, and special assembly. They also offer design and cost-management consulting to give the best packaging solutions for products. They offer complete order fulfillment and distribution services to help with piece pick, case goods or full pallet processing requirements. Their technology and experience can alleviate fulfillment problems often encountered with online stores and distribution obligations.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Manufacturing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 07-4.0-18-003-000-001.018 | Improvements Assessment | £552,111 |
| Land Assessment | £31,805 | Total Assessment | £583,915 |
PROPERTY TAXES
zoning
| Zoning Code | COM |
| COM |
-
Power Broker Simon Jonna -
Erik Sharkey -
Jonna Group
Presented by
2-Unit Filtration Group Portfolio | 1309 S 58th St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.