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Lexington Machine 137 Business Park Dr 22,000 SF Industrial Building Lexington, SC 29072 $2,203,000 ($100.14/SF) 6.35% Cap Rate
Investment Highlights
- HEADQUARTERS & MISSION CRITICAL FACILITY
- POSITIONED IN INDUSTRIAL NODE W/ ACCESS TO TRANSPORTATION ROUTES
- HIGH PERFORMING TENANT WITH STRONG RENT METRICS
Executive Summary
STRONG LEASE FUNDAMENTALS
- Absolute NNN with no landlord obligations
- Lease runs through 2037 with predictable 2% annual rent bumps
- Tenant covering all operating expenses
- Recent clean environmental report
HEADQUARTERS & MISSION CRITICAL FACILITY
- This is the Tenant’s only location and is special purposed for their operations
- Specialized machine fabrication & steel manufacturing facility
- Mission critical to Lexington Machines business
HIGH PERFORMING TENANT WITH STRONG RENT METRICS
- YTD sales as of 7/31/25 of nearly $4M and operates at a 12% Profit Margin
- Sub 2.50% Health Ratio and 7.00x Rent Coverage Ratio
LOW STARTING RENT
- Attractive entry rent basis at $6.24 PSF
- Low vacancy rate and friendly business jurisdiction
POSITIONED IN INDUSTRIAL NODE W/ ACCESS TO TRANSPORTATION ROUTES
- Sits within Lexington Business Park
- Over 30,000 employed in manufacturing and logistics
- Lowest corporate tax rates in the Southeast (5%)
- Minutes from I-20, I-26 and I-77 providing direct access to Atlanta
- Lexington County is one of the fastest growing counties in South Carolina
- Absolute NNN with no landlord obligations
- Lease runs through 2037 with predictable 2% annual rent bumps
- Tenant covering all operating expenses
- Recent clean environmental report
HEADQUARTERS & MISSION CRITICAL FACILITY
- This is the Tenant’s only location and is special purposed for their operations
- Specialized machine fabrication & steel manufacturing facility
- Mission critical to Lexington Machines business
HIGH PERFORMING TENANT WITH STRONG RENT METRICS
- YTD sales as of 7/31/25 of nearly $4M and operates at a 12% Profit Margin
- Sub 2.50% Health Ratio and 7.00x Rent Coverage Ratio
LOW STARTING RENT
- Attractive entry rent basis at $6.24 PSF
- Low vacancy rate and friendly business jurisdiction
POSITIONED IN INDUSTRIAL NODE W/ ACCESS TO TRANSPORTATION ROUTES
- Sits within Lexington Business Park
- Over 30,000 employed in manufacturing and logistics
- Lowest corporate tax rates in the Southeast (5%)
- Minutes from I-20, I-26 and I-77 providing direct access to Atlanta
- Lexington County is one of the fastest growing counties in South Carolina
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Lexington Machine Corp
- Manufacturing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Lexington Machine Corp | Manufacturing | - | - | - |
1 1
Property Taxes
| Parcel Number | 006400-05-056 | Improvements Assessment | $65,598 |
| Land Assessment | $4,500 | Total Assessment | $70,098 |
Property Taxes
Parcel Number
006400-05-056
Land Assessment
$4,500
Improvements Assessment
$65,598
Total Assessment
$70,098
Contacts
-
David Hoppe -
Ben Olmstead -
Ben McCarter -
Connor Kuchman -
Atlantic Capital Partners
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Lexington Machine | 137 Business Park Dr
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