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Procter & Gamble Industrial
114 300th street, West Branch, IA 52358
Last Verified 10/14/2009
Listing ID 15952937
Highlights
Available All Cash or Seller Will Provide Financing Behind New 1st Loan- NNN Lease with Rent Increase
- Credit Single Tenant
- Part of a 13 Property Industrial Portfolio (can be purchased individually)
- Ideal 1031 Exchange Property
Description
The building on the property is being used as the distributor for the Procter & Gamble Hair Care product line which includes Pantene, Aussie, Head & Shoulders and Herbal Essence. These products are produced in the preeminent P&G manufacturing plant (approximately 800,000 sq.ft.) in the U.S. in Iowa City, just 15 minutes west of the distribution center. This plant has been in operation for over 50 years. This building is also about 30 minutes from the Cedar Rapids Pepsi facility, which is also available for sale separately or as a package. This is the main distribution center for the Hair Care products and will likely grow over the next ten years.
The property is located in West Branch, Iowa about 35 miles southeast of Cedar Rapids, Iowa and 15 miles east of Iowa City in a new commercial park with an existing P&G distribution facility. The Property consists of an approximately 515,000 sq. ft. distribution facility that sits on 38.45 acres of land. The Property is located at the cross-roads of I-80 and Baker Avenue and near the intersection of I-380 and I-80. The industrial park has an existing Procter & Gamble facility, owned by P&G, of approximately 800,000 sq.ft, which was built approximately five years ago.
Map of 114 300th street, West Branch, IA 52358 (Cedar County)
Created 10/21/2008
Additional Information for 114 300th Street, West Branch, IA 52358
- Active For Sale - 0 Listing
- Active For Lease - 0 Listing
- Previously Listed - 1 Historic Listing
- Sales Comparables Available - 0 RecentSales Record
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.