This stunning facility is a one-of-a-kind Sale/Leaseback investment opportunity for a well-established 100-year-old company. The Company, Reich, is a leading manufacturer of turned parts such as transmission and steering system components, ball bearings, and components. The investment is offered at a 7.25% cap rate. Reich, LLC, will sell the real estate and lease it back for 15 years. This is an absolute NNN lease with NO LANDLORD MAINTENANCE. This property is a relatively new, exquisitely beautiful, advanced manufacturing facility less than 25 years old with upgrades, renovations, and additions that occurred within the last decade. Vista Industrial Park is strategically located within 1 mile of I-26, with easy access to the ports of Charleston and Greenville, SC.
MLS#: | 4104936 |
Price: | $8,107,531 |
Acreage: | 9.4 |
Property Type: | Industrial |
Year Built: | 1999 |
HVAC: | Forced Air |
Floors: | Carpet,Concrete,Tile |
Listing Courtesy Of: | Whitney Commercial Real Estate - jburk@whitneycre.com |