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Allied Plastics

Twin Lakes, Wisconsin

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NNN Pro Group is pleased to present the exclusive listing for the Allied Plastics headquarters facility in Twin Lakes, Wisconsin. The site consists of a total of roughly 223,884 rentable square feet of building space on an estimated total 18.32-acres. Allied Plastics is subject to a 15-year, absolute triple-net (NNN) lease, with 13.5-years remaining on the original lease absolute triple-net (NNN) lease. The annual rent for Year 3 is $1,067,742 and is scheduled to increase 2.50% annually throughout the base term and in the five (5)- year option period.

About the Investment:

  • Misson-critical, Headquarters Facility, Strategically Located In The Center Of North America With Close Proximity To Blue-chip Customer Base
  • NOI of $1,067,742
  • One (1) Five (5)-Year Renewal Option
  • 2.50% Rental Increases
  • Facility SF 223,884
  • Recent New Construction Expansion Adding 20% Of Additional Manufacturing Space

Key Details

Price:
$16,426,800
Cap Rate:
6.50%
Annual Rent:
$1,067,742
Address:
150-170 Holy Hill Rd, Twin Lakes, Wisconsin
Property Type:
Industrial Distribution
Lease Type:
NNN

Original Lease Term:
15 Years
Lease Commencement:
December 2021
Lease Expiration:
December 2036
Lease Term Remaining:
13.5 Years
Rental Increases:
One (1), Five (5)-Year Option
Lot Size:
18.32 Acres
Building Size:
223,884 SF
Year Built:
1988
Year Renovated:
2020
Tenant:
Allied Plastics

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Madison O’Connor

License: 10401324427

Mark Masino

License: 10401324426

Broker of record

Brian Brockman

Bang Realty-Wisconsin, Inc

License: 58914-90


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