Tenant is GCB Industries, a Texas-based company specializing in fired equipment solutions, primarily centered around commercial and industrial boiler systems.
Lease term: May 1, 2023 - June 30, 2028 with an NOI of $74,608.92 (5.33% cap rate.) Annual increase of 3% to base rent.
Stand alone class-A Industrial Tilt Wall building, with 16 ft clear height in warehouse, and one large 14x12 overhead door. The building is comprised of 1,567 SF of finished out office, and 3,397 SF of warehouse space.