100% Net Leased Investment

Investment Overview

This 53,500-square-foot industrial investment property presents a strong opportunity to acquire a fully leased, single-tenant net-leased asset with stable income and a credit-grade tenant. The building is 100% leased to Ultra Maritime, which executed a new 5-year lease in December 2025 that includes renewal options and scheduled rent escalations, providing long-term income growth and security. Offered at a 6% cap rate, the property delivers reliable cash flow backed by a quality tenant. Situated on 4.42 acres, the facility is well-equipped to support modern industrial operations. The building features a 27-foot clear height, 8-inch concrete floors, and efficient loading capabilities with three dock doors (with levelers) and two overhead doors (10’ x 12’ and 14’ x 16’). Recent capital improvements include a brand-new air conditioning system in the warehouse and a standing seam metal roof with a rubber coating applied in 2018. Additional features include LED lighting, a wet sprinkler system, and robust power capacity with 3-phase, 1,200 amp, 480/277 volt service, supplemented by an additional 300 KVA transformer. This well-maintained, high-functioning facility offers investors a secure, income-producing asset with strong fundamentals and long-term upside.

Investment Highlights

• 53,500 SF Industrial Investment – 100% leased single-tenant net lease on 4.42 acres
• Credit Tenant – Leased to Ultra Maritime with a new 5-year lease (Dec 2025), renewal options, and rent escalations
• Attractive Returns – Offered at a 6% cap rate with stable cash flow
• Building Specs – 27’ clear height, 8” concrete floors, LED lighting, and wet sprinkler system
• Loading & Power – 3 dock doors with levelers, 2 overhead doors, and 3-phase 1,200 amp 480/277V power + 300 KVA transformer
• Recent Improvements – New warehouse AC and roof upgraded with rubber coating (2018)