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Warehouse

Samuel Metal Spinners

914 Wohlert St, Angola, IN 46703

Listing Price: $3,511,000

Cap Rate
8.30%
Gross SF
154,080
Price/Gross SF
$22.79
Lot Size
10.28 acres
Year Built
1997
Rentable SF
154,080

Investment Overview

Investment Highlights & Value Proposition
- Institutional-Quality, Passive Income Stream — Seven Years of Lease Term Remaining Across Three Buildings Eliminates Management Complexity, Leasing Risk, and Near-Term Rollover Exposure.

- Backed by an International Parent (Samuel, Son & Co.) with a 170-Year Operating History and a Continent-Wide Manufacturing and Distribution Platform.

- Midwest Industrial Corridor Positioning Offers Access to Major Freight Networks, Population Centers, and a Deep Skilled Labor Pool at Below-Coastal Operating Costs.

- Strong Industrial Real Estate Fundamentals in Both Markets — Limited New Supply and Sustained Manufacturing Demand Support Long-Term Occupancy and Rent Growth.

- Ideal for 1031 Exchange Buyers, Net Lease Investors, or Institutional Capital Seeking Durable, Credit-Backed Cash Flow in the Industrial Sector.

Investment Highlights

  • Rare Three-Building, Single-Tenant Absolute Net Lease (STNL) Industrial Portfolio — Two Properties Fully Occupied by a Single International Credit Tenant Across Two States.
  • Seven Years of Lease Term Remaining Across All Three Buildings, Providing an Investor with an Exceptional Long-Duration, Passive Income Stream from Day One.
  • Over 20-Year Operating History at These Specific Locations.
  • Geographically Diversified Across Angola, Indiana (Two Buildings) and Rock Falls, Illinois — Two Proven Midwest Industrial Submarkets with Strong Manufacturing Fundamentals.
  • Offered as a Portfolio — a Turn-Key, Fully Occupied Multi-Building Industrial Acquisition with No Lease-Up Risk and No Near-Term Rollover Exposure.

Exclusively Listed By

Warehouse

Samuel Metal Spinners

Listing Price: $3,511,000

Cap Rate
8.30%
Gross SF
154,080
Price/Gross SF
$22.79
Lot Size
10.28 acres
Year Built
1997
Rentable SF
154,080

Investment Highlights

  • Rare Three-Building, Single-Tenant Absolute Net Lease (STNL) Industrial Portfolio — Two Properties Fully Occupied by a Single International Credit Tenant Across Two States.
  • Seven Years of Lease Term Remaining Across All Three Buildings, Providing an Investor with an Exceptional Long-Duration, Passive Income Stream from Day One.
  • Over 20-Year Operating History at These Specific Locations.
  • Geographically Diversified Across Angola, Indiana (Two Buildings) and Rock Falls, Illinois — Two Proven Midwest Industrial Submarkets with Strong Manufacturing Fundamentals.
  • Offered as a Portfolio — a Turn-Key, Fully Occupied Multi-Building Industrial Acquisition with No Lease-Up Risk and No Near-Term Rollover Exposure.

Investment Overview

Investment Highlights & Value Proposition - Institutional-Quality, Passive Income Stream — Seven Years of Lease Term Remaining Across Three Buildings Eliminates Management Complexity, Leasing Risk, and Near-Term Rollover Exposure. - Backed by an International Parent (Samuel, Son & Co.) with a 170-Year Operating History and a Continent-Wide Manufacturing and Distribution Platform. - Midwest Industrial Corridor Positioning Offers Access to Major Freight Networks, Population Centers, and a Deep Skilled Labor Pool at Below-Coastal Operating Costs. - Strong Industrial Real Estate Fundamentals in Both Markets — Limited New Supply and Sustained Manufacturing Demand Support Long-Term Occupancy and Rent Growth. - Ideal for 1031 Exchange Buyers, Net Lease Investors, or Institutional Capital Seeking Durable, Credit-Backed Cash Flow in the Industrial Sector.

Exclusively Listed By

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