Offer Deadline: March 26 by 5:00 p.m. (ET)
On-Site Inspections: By Appointment Only
Hilco Global is pleased to offer the opportunity to acquire a well-located, industrial saleleaseback in Franklin, Tennessee. The 65,000± SF, light manufacturing facility is owned and occupied by Resource Label Group (RLG), a leading North American provider of specialized packaging solutions, including pressuresensitive labels, shrink sleeves and RFID/ NFC smart packaging. Headquartered in Franklin, Tennessee, the company operates as a consolidated “house of brands,” providing the scale of a national corporation with the personalized service of a local boutique printer.
RLG has operated from the property for 31 years, since its construction in 1995 and utilizes the facility as a showcase manufacturing operation for visiting customers. At closing, RLG will execute a 15-year triple-net lease with no landlord responsibilities, providing stable, long-term cash flow. The lease rate of $12.50 per square foot, triple net, generates $812,500 in annual net rent, which is competitive for the submarket.
This offering presents an attractive opportunity to acquire a passive, income-generating investment in greater Nashville, one of the strongest markets in the Southeast. The immediate Franklin industrial market continues to exhibit strong demand combined with a tight supply.