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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.

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

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Net Lease

North American Manufacturing

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

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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