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Allied Plastics 150 Holy Hill Rd

223,884 SF Industrial Building Twin Lakes, WI 53181 £12,867,112 (£57/SF) 6.50% Net Initial Yield

Investment Highlights

  • Misson-critical, Headquarters Facility, Strategically Located In The Center Of North America With Close Proximity To Blue-chip Customer Base
  • One (1) Five (5)-Year Renewal Option
  • NOI of $1,067,742
  • Rent scheduled to increase 2.50% annually throughout the base term

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for the Allied Plastics headquarters facility in Twin Lakes, Wisconsin. The site consists of a total of roughly 223,884 rentable square feet of building space on an estimated total 18.32-acres. Allied Plastics is subject to a 15-year, absolute triple-net (NNN) lease, with 13.5-years remaining on the original lease absolute triple-net (NNN) lease. The annual rent for Year 3 is $1,067,742 and is scheduled to increase 2.50% annually throughout the base term and in the five (5)- year option period.

Property Facts

Price £12,867,112
Price Per SF £57
Sale Type Investment NNN
Net Initial Yield 6.50%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 18.32 AC
Rentable Building Area 223,884 SF
Number of Floors 1
Year Built 1988
Tenancy Single
Parking Ratio 0.85/1,000 SF
Clear Ceiling Height 25 ft
No. Dock-High Doors/Loading 6

Utilities

  • Water - Well
  • Sewer - City

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 29637856

  • Date on Market: 27/09/2023

  • Last Updated:

  • Address: 150 Holy Hill Rd, Twin Lakes, WI 53181

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