Industrial Investment + 8-acre Site

1234 Bringham has a 5-year NNN lease @ $8,500 monthly ($102,000 annual NNN base rate = 6.375% cap rate) with Penske Truck Leasing Co. + 2: 5-year renewal options at $9,500 mo & $10,500 mo (see broker for lease); also includes 8 acres of I-2 industrial zoned land (1 acre used by Penske Trucking Co.) for $600,000. which MUST BE PURCAHSED WITH 1234 Bringham for a TOTAL SALE PRICE of: $1,600,000 + $600,000 = $2,200,000.