65,000sf INDUSTRIAL BUILDING – SALE/LEASEBACK (Price reduced by $600k) Prime Western New York location – Rochester, NY close to airport and major interchanges. Owner - Occupant Interest please contact us as well. Ask Price: $6,500,000 CAP Price: $6,250,000 5 Year NOI: Average - $456,500.00 Cap Rate: 7.3% Lease Term: 10 Year Investment Overview • 95% of property is Sale / Leaseback to current owner. • 5% is secondary building lease to independent operators. • Main tenant is an established Contract Machine Shop in business since 2005 with sales in excess of $5m per year and utilizes very large equipment which is difficult to relocate. • Main tenant will be debt free with $3.5m in assets that can be used as collateral to secure the lease and can show proven monthly payments equal to 125% of expected post closing rent. • Main tenant just invested $650,000 in additional equipment on new 4 year contract increasing sales to $7m next fiscal year. • Main tenant will assume the property as a NNN lease and manage the secondary tenant on behalf of the landlord. • 7.9 Acre property with room to add additional structures for future growth. • Adjacent to Airport – Adjacent to 2 major Universities – 5 Miles to NYS Thruway exits. Building is setup as a manufacturing operation with 480V Bus with plenty of power - Compressed Air piping throughout - Wet Sprinklers - LED Lights - Epoxy Flooring and Many More Upgrades. Building was maintained as an Owner - Operator since 2013 and offices and completely upgraded as well. Buyers Brokers Protected Sellers will not hold any notes – so qualified buyers only.