Multi-Tenant Industrial Park

• Compelling Mark-to-Market Opportunity: Existing in-place rents provide potential upside through future lease rollovers, offering investors the ability to enhance cash flow and increase asset value over time.
• Diversified Tenant Base Mitigates Risk: The property is leased to 19 tenants, reducing reliance on any single occupant and providing a stable, diversified income stream.
• Seller Leaseback Enhances Near-Term Stability: Ownership will benefit from a seller-executed five-year leaseback at market rental rates, providing immediate occupancy and income continuity.
• Strong Frontage Along 35th Avenue: The property benefits from prominent visibility and access along 35th Avenue, supporting tenant exposure and long-term leasing appeal.
• Attractive Basis Below Replacement Cost: Offered at approximately $133 per square foot, the acquisition presents an opportunity to purchase the asset at a favorable basis relative to comparable industrial investments.
• High Occupancy with Immediate Cash Flow: The property is currently 100% occupied, providing stable in-place income.
• In-Place Yield at Acquisition: Offered at $4.5 million with a 7.48% pro forma capitalization rate, the asset delivers an attractive going-in return supported by existing tenancy.