Two (2) Tenant, 100% leased - 152,790 SF 17-crane industrial complex, heavy power (sub-station on property), two (2) docks, six (6) 14’ x 16’ drive-in doors, 30’ clear ceiling heights, etc. Two long term tenants in place. The property, being offered at substantially below replacement cost, has undergone non-stop renovations since 2015 continuing through fall of 2024. The renovations include (but not inclusive): roof repairs and replacements, updated and expanded electrical, exterior parking lot work, LED lighting, etc.
Tenant One – 124,393 SF: Mechanical Dynamics & Analysis (MD&A): Mechanical Dynamics & Analysis (MD&A) provides power generators around the globe with a full-service, OEM-alternative for services, parts, and repairs for Gas Turbines, Steam Turbines, Industrial Turbines, and Generators.
Adding 40 employees and a TENANT investment of $1.747,650 into their office space, etc.
Term expires 06/30/2035. 2% annual increases.
Tenant Two 25,700 SF: BONENG Transmission, USA: a subsidiary of SUZHOU.CO LTD. A professional manufacturer of mechanical and electrical products integrating design, manufacturing, assembly, and sales services servicing the mining, metallurgy, chemical, cement, and power industries to name a few.
The property, being offered at substantially below replacement cost, has undergone non-stop renovations since 2015 continuing through fall of 2024. The renovations include (but not inclusive): roof repairs and replacements, updated and expanded electrical, exterior parking lot work, LED lighting, etc.
Term expires 08/31/2028. 2% annual increases.