Lippert Components Manufacturing Campus Industrial FOR SALE


Brandon, SD
$17,537,426 USD
206-584-6195
, Brandon, SD for Sale
$17,537,426 USD
Industrial - FOR SALE
1/13
null | 7.5% Cap Rate

Lippert Components Manufacturing Campus
Brandon, SD


HIGHLIGHTS

  • LIPPERT CREDIT COMMITMENT
  • MISSION-CRITICAL INFRASTRUCTURE
  • SIGNIFICANT MARK-TO-MARKET
  • PASSIVE NNN LEASE W/ ANNUAL RENTAL INCREASES
  • COMPELLING GOING-IN YIELD PROFILE
  • REGIONAL LOGISTICS & CONSTRAINED SUBMARKET

OVERVIEW

The Lippert Components Manufacturing Campus offers investors the opportunity to acquire a 100% leased, 204,485-square-foot industrial facility in Brandon, South Dakota, immediately adjacent to the expanding Sioux Falls regional market. The property serves as a mission-critical manufacturing campus for Lippert Components, featuring specialized infrastructure and production lines that support the company’s commercial-grade truck accessory and towing-system brands. Lippert Components recently exercised a five-year renewal option at a substantial rent increase, reinforcing the tenant’s long-term commitment to the site and the asset’s highly sticky real estate profile. The tenancy is further supported by ultimate parent LCI Industries, Inc. (NYSE: LCII), an S&P BB-rated, publicly traded company with approximately $4.1 billion in annual revenue and a global footprint of more than 140 facilities. This investment combines secure in-place cash flow, embedded growth, and future mark-to-market upside. The asset is fully leased through December 2030 and benefits from 3.5% annual rent escalations, creating compounding revenue growth and a built-in hedge against inflation. In addition, current contract rent remains approximately 22% below market, positioning investors for meaningful upside at lease rollover. Located less than half a mile from Interstate 90, the campus provides efficient access to major Midwestern distribution corridors while benefiting from South Dakota’s favorable business climate and regional manufacturing labor base. The result is a low-maintenance industrial asset backed by a scaled corporate tenant with durable operating relevance in the market.

ASK ABOUT THIS PROPERTY

RJ VaraNorthmarqMore Info
206-584-6195

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RJ VaraNorthmarqMore Info
206-584-6195

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