Single-Tenant Industrial
Green Bay Packaging
1851 Margaretha Ave, Albert Lea, MN 56007
Listing Price: $8,700,000
Investment Overview
Marcus & Millichap is pleased to present this turn-key, Absolute NNN opportunity with zero Landlord responsibilities. Green Bay Packaging, a company with approximately $1.3B in annual revenues , acquired the operations within the property for the logistical and strategic advantages it offers. The initial lease term has 7+ years remaining with option periods that run through 2041.
Green Bay Packaging
Investment Highlights
- Green Bay Packaging has Approximately $1.3 Billion in Annual Revenues. They are on an Absolute Triple-Net Lease with Seven Plus Years Remaining at Below Market Rent
- The Premises has Great Loading, Clear Height and Power, Built on Over 10 Acres
- The Property is Located at a Logistically Essential, Strategic Intersection of Interstate 35 and Interstate 90. The Highways Run from Canada to Mexico and Boston to Seattle Respectively.
- Certified by the American Institute of Baking (AIB), this Property meets Rigorous Standards for Food Safety, Sanitation, and Operational Excellence. Certification Covers Many Issues Related to the Condition and Maintenance of the Building Including Housekeeping, Sealing Entrance, Leaks, Floor Cracking, and Pest Management
- Approximately 10.5 Acres Allows for Possible Future Tenant Expansion
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $8,700,000
Investment Highlights
- Green Bay Packaging has Approximately $1.3 Billion in Annual Revenues. They are on an Absolute Triple-Net Lease with Seven Plus Years Remaining at Below Market Rent
- The Premises has Great Loading, Clear Height and Power, Built on Over 10 Acres
- The Property is Located at a Logistically Essential, Strategic Intersection of Interstate 35 and Interstate 90. The Highways Run from Canada to Mexico and Boston to Seattle Respectively.
- Certified by the American Institute of Baking (AIB), this Property meets Rigorous Standards for Food Safety, Sanitation, and Operational Excellence. Certification Covers Many Issues Related to the Condition and Maintenance of the Building Including Housekeeping, Sealing Entrance, Leaks, Floor Cracking, and Pest Management
- Approximately 10.5 Acres Allows for Possible Future Tenant Expansion
Investment Overview
Marcus & Millichap is pleased to present this turn-key, Absolute NNN opportunity with zero Landlord responsibilities. Green Bay Packaging, a company with approximately $1.3B in annual revenues , acquired the operations within the property for the logistical and strategic advantages it offers. The initial lease term has 7+ years remaining with option periods that run through 2041.
Exclusively Listed By
Broker of Record
Financing By
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