Auction:8/7 - 8/9: NNN Cummins Industrial Fort Mye
Property tours are available by appointment on 8/1/2017 between 11 AM - 1 PM EST. To schedule a site tour, please contact Nancy Phaneuf at or . Additional Cummins Properties Available: Cummins Orlando Cummins Ocala Investment Highlights: Absolute NNN lease with minimal landlord risk and responsibilities 100% leased to Cummins, Inc, a national credit tenant (S&P ''A") Cummins is a high growth company with recent credit upgrade Cummins commenced in 2006 and is operating on their extension option through 2025 Income Tax Free State with beneficial state tax climate to amplify returns Located 0.6 miles from US-41, 0.4 miles from SR-82, 3.5 miles from I-75, and 16 miles from Southwest Florida International Airport. Investment Overview: Cummins Fort Myers is a 19,912 SF industrial asset located at 2671 Edison Ave in Fort Myers, FL approximately 0.7 miles southeast of the Fort Myers River District. This Property presents investors with the opportunity to acquire an absolute NNN lease investment with minimal landlord risk and responsibilities for passive investors.
Constructed in 1973 and 1990, the Property consists of two industrial building situated on a on 1.78 AC parcel. The i improvements include a vehicle service and repair facility consisting of 10,762 SF of warehouse space, 4,950 SF of office space, 1,400 SF of steam bay space, 945 SF of finished mezzanine space and 2,520 SF of unfinished mezzanine space. The Property also features one building with 20 high ceilings and one building with 24 high ceilings, a total of eleven service bays, a parts bay, and a steam bay. Additionally, the entire site is secured with barbed wire fencing and electrical fence with 7,000 volts. Cummins Inc. is a Fortune 500 corporation that designs, manufactures, and distributes engines, filtration, and power generation products. Cummins also services engines and related equipment, including fuel systems, controls, air handling, filtration, emission control and electrical power generation systems. In the post WWII U.S. road building boom Cummins, with their N Series engines, became the leader in heavy duty truck engines. From 1952 to 1959, they had more than half the market. In the 1960s, the company opened an assembly plant in Shotts, Scotland a
