?NEW 10-YEAR NNN LEASE - VirTex commenced a new 10-year lease on April 1, 2026 with contractual 2.5% annual rent increases and two renewal options.
?PREDICTABLE CONTRACTUAL RENT GROWTH - Year 1 base rent of $596,204 grows to approximately $744,577 in Year 10, increasing contractual yield on the $9.25MM asking price from 6.45% to approximately 8.05%.
?SPECIALIZED MANUFACTURING FACILITY - The property supports office, warehouse and manufacturing functions with specialized production-related buildout for high-reliability electronics manufacturing.
?FUNCTIONAL INDUSTRIAL REAL ESTATE - 63,913 SF on 5.52 acres with 236 parking spaces, two dock-high doors, one grade-level door, full HVAC and sprinkler protection.
?CONTRACT RENT AT MARKET - The $9.33/SF Year 1 contract rent is consistent with market rent, providing a well-supported going-in income stream.