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Auto Parts

IAA Auto Storage Two Property Portfolio

223 Baldwinville Rd, Templeton, MA 01468

Listing Price: $19,450,000

Cap Rate
4.69%
Tenant Name
Insurance Auto Auctions
Years Remaining On Lease
11.3
Guarantor
Personal Guarantee
Rentable SF
17,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.64

Investment Overview

Insurance Auto Auctions (IAA) is a leading global digital marketplace that connects vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, Insurance Auto Auction's unique platform facilitates the marketing and sale of total loss, damaged, and low-value vehicles. Headquartered near Chicago in Westchester, Illinois, Insurance Auto Auctions has nearly 4,000 employees in more than 200 facilities throughout the US, Canada, and the United Kingdom

Investment Highlights

  • Prime Real Estate Location with Highway Off Ramp
  • Templeton Location : 55 Acre Site | Shirley Location: 41 Acre Site
  • 12 Years Remaining on Templeton Lease | 10 Years Remaining on Shirley Lease
  • Three Percent Yearly Increase on Rent for Both Locations
  • No Landlord Responsibilities

Exclusively Listed By

Financing By

Auto Parts

IAA Auto Storage Two Property Portfolio

Listing Price: $19,450,000

Cap Rate
4.69%
Tenant Name
Insurance Auto Auctions
Years Remaining On Lease
11.3
Guarantor
Personal Guarantee
Rentable SF
17,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.64

Investment Highlights

  • Prime Real Estate Location with Highway Off Ramp
  • Templeton Location : 55 Acre Site | Shirley Location: 41 Acre Site
  • 12 Years Remaining on Templeton Lease | 10 Years Remaining on Shirley Lease
  • Three Percent Yearly Increase on Rent for Both Locations
  • No Landlord Responsibilities

Investment Overview

Insurance Auto Auctions (IAA) is a leading global digital marketplace that connects vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, Insurance Auto Auction's unique platform facilitates the marketing and sale of total loss, damaged, and low-value vehicles. Headquartered near Chicago in Westchester, Illinois, Insurance Auto Auctions has nearly 4,000 employees in more than 200 facilities throughout the US, Canada, and the United Kingdom

Exclusively Listed By

Financing By

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