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Net Lease

SAIA (NASDAQ: SAIA) | 2% Annual Increases | IOS 2.98 AC

3131 Concord Rd, Lafayette, IN 47909

Listing Price: $1,605,000

Cap Rate
7.00%
Lot Size
2.98 acres
Year Built
1954
Rentable SF
8,400

Investment Overview

NNN Lease with Minimal LL Responsibilities
- Two Three-Year Options Remaining
Recent Capital Expenditures in 2022
- New LED Lighting, Upgraded Restrooms & Office Spaces
Located in a Dense Industrial Trades Area
- Property is Surrounded by National Tenants
Ideally Positioned with 360’ of Frontage on Concord Rd
- Quick Access to Interstate-65 & Highway 52
Strong Demographics with Increasing Population
- Over 120,000 Residents Within 5-Miles

Investment Highlights

  • Corporate Lease with SAIA Motor Freight Line, LLC - 9th Largest LTL Company in the U.S.
  • Tenant is Publicly Traded on the NASDAQ: SAIA - $10.71 Billion Market Cap | 170+ Locations
  • 3 Years of Term Remaining | 2% Annual Increases - Increases Continue Through Option Periods

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Net Lease

SAIA (NASDAQ: SAIA) | 2% Annual Increases | IOS 2.98 AC

Listing Price: $1,605,000

Cap Rate
7.00%
Lot Size
2.98 acres
Year Built
1954
Rentable SF
8,400

Investment Highlights

  • Corporate Lease with SAIA Motor Freight Line, LLC - 9th Largest LTL Company in the U.S.
  • Tenant is Publicly Traded on the NASDAQ: SAIA - $10.71 Billion Market Cap | 170+ Locations
  • 3 Years of Term Remaining | 2% Annual Increases - Increases Continue Through Option Periods

Investment Overview

NNN Lease with Minimal LL Responsibilities - Two Three-Year Options Remaining Recent Capital Expenditures in 2022 - New LED Lighting, Upgraded Restrooms & Office Spaces Located in a Dense Industrial Trades Area - Property is Surrounded by National Tenants Ideally Positioned with 360’ of Frontage on Concord Rd - Quick Access to Interstate-65 & Highway 52 Strong Demographics with Increasing Population - Over 120,000 Residents Within 5-Miles

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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