15 Houghtaling Rd - Warehouse FOR SALE


West Coxsackie, NY 12192
$19,100,000 USD
214-252-1175
15 Houghtaling Rd, West Coxsackie, NY for Sale
$19,100,000 USD
Warehouse - FOR SALE
1/4
null | 7.25% Cap Rate

15 Houghtaling Rd
West Coxsackie, NY 12192


HIGHLIGHTS

  • New 10 Year, Absolute NNN, Corporate Sale Leaseback with Zero Landlord Responsibilities
  • Featuring Favorable 2% Annual Rent Increases Throughout the Initial Term
  • Strategically Positioned on 16+ Acre Parcel

OVERVIEW

New 10 Year, Absolute NNN, Corporate Sale Leaseback with Zero Landlord Responsibilities – Allows an investor the opportunity to acquire a NNN asset on a truly passive income structure Featuring Favorable 2% Annual Rent Increases Throughout the Initial Term – Ensures predictable revenue growth and provides a significant hedge against inflation Corporate Guarantee by SSB Manufacturing Company – A wholly owned subsidiary of Serta Simmons Bedding, the leading brand in 100+ countries Strategically Positioned on 16+ Acre Parcel – Allows for extensive trailer parking and features excellent access and egress/ingress 20+ Year Historical Occupancy, Dual Functioning Site – Shows a strong commitment to the site with this location operating as a manufacturing facility as well as an office

FOR SALE DETAILS

PRICE

$19,100,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Serta Simmons Bedding

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

16.06

LAND SF

699,573

ZONING

05

APN/PARCEL ID

194200-041-000-0001-034-000-0000

ASK ABOUT THIS PROPERTY

Johnny DunnCBREMore Info
214-252-1175

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Johnny DunnCBREMore Info
214-252-1175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.