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Single-Tenant Industrial

DRC Industries SLB

3356 US Highway 42 E, Carrollton, KY 41008

Listing Price: $4,645,000

Cap Rate
7.75%
Gross SF
75,469
Price/Gross SF
$61.55
Lot Size
11.00 acres
Year Built
1992
Rentable SF
75,469

Investment Overview

Marcus & Millichap is pleased to present to market DRC Industries of Carrollton, KY. Located on the main industrial corridor of Carrollton, the asset spans 75,469 square-feet, comprised of roughly 3% professional office and 97% Industrial space serving DRC Industries. Constructed in 1992 with steel & masonry above 6 reinforced concrete flooring, the asset is 100% sprinkled and has clear heights of roughly 18.14-28.57. DRCs strategic and centralized location off U.S. Highway 42 E. leads northeast 54 miles to Cincinnati, Ohio, southwest 55 miles to Louisville, and Northwest 106 miles to Indianapolis.

The DRC Industries Sale-Leaseback is tactically positioned for all investors, as a Single-Tenant, Net Leased Industrial Asset featuring a new 10-year, absolute net lease executed upon close of escrow. Provided the strength of the lease, and ideal structure providing absolutely zero Landlord responsibilities, makes the DRC Industries Sale-Leaseback an ideal acquisition opportunity for any investor seeking hands-off stabilized and secure returns. Founded in 2001 DRC Industries has proudly provided unique packaging solutions for more than 12 years to customers throughout all of North America. Some of the key markets served by DRC Industries are steel mills, metal processors, food & beverage manufacturers, contract packaging/fulfillment facilities, furniture manufacturers, automotive suppliers, agricultural industries, and the flooring protection/polishing markets. DRC Industries is also proud member of the Forest Stewardship Council(FSC). Under FSC certification, forests are certified against a set of strict environmental and social standards, and fiber from certified forests is tracked all the way to the consumer through the chain of custody certification system.

A truly excellent industrial investment opportunity for all investors, the DRC Industries features exceptional real estate fundamentals and a long-term, absolute net lease which provides zero landlord responsibilities in partnership with a long-standing, well-funded industry leading company. With substantial prior investment into the business, DRC Industries has long-established roots within the submarket as the catalyst for their continued growth nation-wide. Offered to market asking $4,645,000, which reflects a 7.75% CAP Rate on year-one actuals, the DRC Industries Sale-Leaseback will provide investors a day-one 12% Cash-on-Cash return with available market financing.

Investment Highlights

  • Single Tenant Absolute Net Sale-Leaseback
  • Zero Landlord Responsibilities I 12% Cash-on-Cash Day-One
  • Strategic Location | Quick Access to Cincinnati, Louisville, Indianapolis
  • 1992 Build | 100% Sprinkled | 480/277 Volt, 3-Phase | 25x50' Column Width/Depth

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s) KY: 242197

    Kentucky

Single-Tenant Industrial

DRC Industries SLB

Listing Price: $4,645,000

Cap Rate
7.75%
Gross SF
75,469
Price/Gross SF
$61.55
Lot Size
11.00 acres
Year Built
1992
Rentable SF
75,469

Investment Highlights

  • Single Tenant Absolute Net Sale-Leaseback
  • Zero Landlord Responsibilities I 12% Cash-on-Cash Day-One
  • Strategic Location | Quick Access to Cincinnati, Louisville, Indianapolis
  • 1992 Build | 100% Sprinkled | 480/277 Volt, 3-Phase | 25x50' Column Width/Depth

Investment Overview

Marcus & Millichap is pleased to present to market DRC Industries of Carrollton, KY. Located on the main industrial corridor of Carrollton, the asset spans 75,469 square-feet, comprised of roughly 3% professional office and 97% Industrial space serving DRC Industries. Constructed in 1992 with steel & masonry above 6 reinforced concrete flooring, the asset is 100% sprinkled and has clear heights of roughly 18.14-28.57. DRCs strategic and centralized location off U.S. Highway 42 E. leads northeast 54 miles to Cincinnati, Ohio, southwest 55 miles to Louisville, and Northwest 106 miles to Indianapolis.

The DRC Industries Sale-Leaseback is tactically positioned for all investors, as a Single-Tenant, Net Leased Industrial Asset featuring a new 10-year, absolute net lease executed upon close of escrow. Provided the strength of the lease, and ideal structure providing absolutely zero Landlord responsibilities, makes the DRC Industries Sale-Leaseback an ideal acquisition opportunity for any investor seeking hands-off stabilized and secure returns. Founded in 2001 DRC Industries has proudly provided unique packaging solutions for more than 12 years to customers throughout all of North America. Some of the key markets served by DRC Industries are steel mills, metal processors, food & beverage manufacturers, contract packaging/fulfillment facilities, furniture manufacturers, automotive suppliers, agricultural industries, and the flooring protection/polishing markets. DRC Industries is also proud member of the Forest Stewardship Council(FSC). Under FSC certification, forests are certified against a set of strict environmental and social standards, and fiber from certified forests is tracked all the way to the consumer through the chain of custody certification system.

A truly excellent industrial investment opportunity for all investors, the DRC Industries features exceptional real estate fundamentals and a long-term, absolute net lease which provides zero landlord responsibilities in partnership with a long-standing, well-funded industry leading company. With substantial prior investment into the business, DRC Industries has long-established roots within the submarket as the catalyst for their continued growth nation-wide. Offered to market asking $4,645,000, which reflects a 7.75% CAP Rate on year-one actuals, the DRC Industries Sale-Leaseback will provide investors a day-one 12% Cash-on-Cash return with available market financing.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s): KY: 242197

    Kentucky

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