Net Lease
North American Manufacturing
1074 Barring Ave, Scranton, PA 18508
Listing Price: $3,715,000
Cap Rate
6.30%
Gross SF
75,000
Price/Gross SF
$49.53
Lot Size
3.02 acres
Year Built
2008
Rentable SF
75,000
Investment Overview
North American Manufacturing has 18 years remaining on a Triple-Net (NNN) lease in Scranton, PA.
North American Manufacturing
Investment Highlights
- 20-Year Triple-Net Lease | 18 Years Remaining
- Two Percent Annual Rent Bumps | Four, Five-Year Renewal Options
- 100% Leased to North American Manufacturing (NAM)
- Blended 7.56% CAP Rate Over Base Term
- NAM Specializes in Providing High-Quality, Innovative, and Rugged Equipment for the U.S. Military and Other Government Agencies (US Postal Service, US Army, Defense Logistics Agency, Etc.) – Providing Predictable Cash Flows
- NAM Has Been in Operation for Almost 50 Years | Stable & Committed Tenant
- NAM was Recently Acquired by KAHO Partners, a Long-Term Investment Partner and Owner of 100MM+ Government Manufacturing Contracts
- NAM Had an Excellent 2022 Revenue Year – See Agent for Details
Broker of Record
Financing By
Listing Price: $3,715,000
Cap Rate
6.30%
Gross SF
75,000
Price/Gross SF
$49.53
Lot Size
3.02 acres
Year Built
2008
Rentable SF
75,000
Investment Highlights
- 20-Year Triple-Net Lease | 18 Years Remaining
- Two Percent Annual Rent Bumps | Four, Five-Year Renewal Options
- 100% Leased to North American Manufacturing (NAM)
- Blended 7.56% CAP Rate Over Base Term
- NAM Specializes in Providing High-Quality, Innovative, and Rugged Equipment for the U.S. Military and Other Government Agencies (US Postal Service, US Army, Defense Logistics Agency, Etc.) – Providing Predictable Cash Flows
- NAM Has Been in Operation for Almost 50 Years | Stable & Committed Tenant
- NAM was Recently Acquired by KAHO Partners, a Long-Term Investment Partner and Owner of 100MM+ Government Manufacturing Contracts
- NAM Had an Excellent 2022 Revenue Year – See Agent for Details
Investment Overview
North American Manufacturing has 18 years remaining on a Triple-Net (NNN) lease in Scranton, PA.
Broker of Record
Financing By
