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702 E Railroad St
Lake Park, IA 51347
Industrial Portfolio Sale Leaseback · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Initial 10-year absolute triple net lease with 2% annual escalations
  • Strong tenant credit profile with growing revenue and EBITDA YoY
  • Mission critical facilities producing 100% of company revenue
  • Company with long operating history with operations dating back to 1938
  • Top customers have been with the company for 20+ years
  • Significant investment into the facilities with a $2.5 million expansion in Lake Park completed in 2014 & over $4 million invested in M&E

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class C
Lot Size 6.03 AC
Rentable Building Area 69,487 SF
No. Stories 1
Year Built/Renovated 1991/2013
Tenancy Single
Zoning Industrial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-27-400-009
Land Assessment
$82,800
Improvements Assessment
$1,491,500
Total Assessment
$1,574,300
  • Listing ID: 25893347

  • Date on Market: 6/9/2022

  • Last Updated:

  • Address: 702 E Railroad St, Lake Park, IA 51347

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