1571 Gressel Dr - Warehouse FOR SALE


Delphos, OH 45833
$6,200,000 USD
419-438-5839
1571 Gressel Dr, Delphos, OH for Sale
$6,200,000 USD
Warehouse - FOR SALE
1/4
null | 6.16% Cap Rate

1571 Gressel Dr
Delphos, OH 45833


HIGHLIGHTS

  • Rare NNN Freezer/Cooler Investment Property
  • Guaranteed by Strong National Tenant
  • Allen County is a National Recognized Economic Area
  • Eight Years Remaining, Two-5 Yr Renewal Options
  • 3% Annual Rent Escalations
  • Minimal LL Responsibilities

OVERVIEW

The subject is a net lease freezer/cooler industrial building leased to HydroFresh HPP Ltd . The lease is guaranteed by Universal Pure, the largest independent provider of high pressure processing (“HPP”) and cold chain solutions for food & beverage customers in North America. Universal acquired the HydroFresh HPP in 2022.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

6.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

UTILITIES

-

CLEAR CEILING HT

42 Ft

DOCKS

11

DRIVE INS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

-

APN/PARCEL ID

25-20-00-02-003.006

ASK ABOUT THIS PROPERTY

Mark BaringerNAI Harmon GroupMore Info
419-438-5839

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Mark BaringerNAI Harmon GroupMore Info
419-438-5839

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