Log In/Sign Up
Your email has been sent.
Lippert Components Manufacturing Campus 2 Industrial Properties Offered at $17,537,426 in Brandon, SD



Investment Highlights
- LIPPERT CREDIT COMMITMENT
- SIGNIFICANT MARK-TO-MARKET
- COMPELLING GOING-IN YIELD PROFILE
- MISSION-CRITICAL INFRASTRUCTURE
- PASSIVE NNN LEASE W/ ANNUAL RENTAL INCREASES
- REGIONAL LOGISTICS & CONSTRAINED SUBMARKET
Executive Summary
The Lippert Components Manufacturing Campus offers investors the opportunity to acquire a 100% leased, 204,485-square-foot industrial facility in Brandon, South Dakota, immediately adjacent to the expanding Sioux Falls regional market. The property serves as a mission-critical manufacturing campus for Lippert Components, featuring specialized infrastructure and production lines that support the company’s commercial-grade truck accessory and towing-system brands. Lippert Components recently exercised a five-year renewal option at a substantial rent increase, reinforcing the tenant’s long-term commitment to the site and the asset’s highly sticky real estate profile. The tenancy is further supported by ultimate parent LCI Industries, Inc. (NYSE: LCII), an S&P BB-rated, publicly traded company with approximately $4.1 billion in annual revenue and a global footprint of more than 140 facilities.
This investment combines secure in-place cash flow, embedded growth, and future mark-to-market upside. The asset is fully leased through December 2030 and benefits from 3.5% annual rent escalations, creating compounding revenue growth and a built-in hedge against inflation. In addition, current contract rent remains approximately 22% below market, positioning investors for meaningful upside at lease rollover. Located less than half a mile from Interstate 90, the campus provides efficient access to major Midwestern distribution corridors while benefiting from South Dakota’s favorable business climate and regional manufacturing labor base. The result is a low-maintenance industrial asset backed by a scaled corporate tenant with durable operating relevance in the market.
This investment combines secure in-place cash flow, embedded growth, and future mark-to-market upside. The asset is fully leased through December 2030 and benefits from 3.5% annual rent escalations, creating compounding revenue growth and a built-in hedge against inflation. In addition, current contract rent remains approximately 22% below market, positioning investors for meaningful upside at lease rollover. Located less than half a mile from Interstate 90, the campus provides efficient access to major Midwestern distribution corridors while benefiting from South Dakota’s favorable business climate and regional manufacturing labor base. The result is a low-maintenance industrial asset backed by a scaled corporate tenant with durable operating relevance in the market.
Property Facts
| Price | $17,537,426 | Number of Properties | 3 |
| Price / SF | $123.07 / SF | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 142,498 SF |
| Sale Type | Investment NNN | Total Land Area | 7.82 AC |
| Status | Active |
| Price | $17,537,426 |
| Price / SF | $123.07 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 142,498 SF |
| Total Land Area | 7.82 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1200 E Birch St, Brandon, SD 57005 | Industrial | 132,498 SF | 1984 | - |
|
Pearson Warehouse
1001 N Splitrock Blvd, Brandon, SD 57005 |
Industrial | 10,000 SF | 1992 | - |
1 1
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
