Map pin101 Reliance Rd, Kings Mountain, NC, 28086-8512, US

ACTEGA Distribution & North American R&D HQ

ACTEGA Distribution & North American R&D HQ_Actifs en vente

Caractéristiques de l'actif

Surface de l'actif Net
22 174 m²
Occupation
100 %
Année de construction
1981
Année de rénovation
2020
Type de bail
Loyer net (N/NN/NNN)
Remaining lease term
14.5 years

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for the ACTEGA Distribution & North American R&D HQ (“the Property”) - a 238,682 square foot, newly renovated industrial facility located in Kings Mountain, North Carolina. The Property is 100% leased to ACTEGA North America Inc. (“ACTEGA”) for 14.5 years with 3.00% annual escalations providing long-term, stable cash flow in the premier Charlotte, NC MSA. The lease also features a full guaranty from ACTEGA’s European parent company, ACTEGA GmbH. Furthermore, the Property has been the beneficiary of nearly $13 million in recent major capital improvements by both ACTEGA and current ownership. 


Positioned along US-74, the Property sits just five (5) miles from I-85, the industrial super corridor of the Southeast. The asset benefits from a robust blue-collar labor force in Cleveland County, North Carolina and from its proximity to the booming Charlotte metro and its core demand drivers, including Charlotte Douglas International Airport (CLT). Overall, ACTEGA Distribution & North American R&D HQ presents investors the opportunity to acquire a 100% leased, recently renovated industrial HQ facility featuring long-term, stable cash flow with high-performing global tenancy.

...

Points clés d'investissement

LONG TERM CASH FLOW WITH CONSISTENT, SUSTAINABLE YIELD

• 100% leased to ACTEGA North America Inc. (“ACTEGA”) with 14.5 years of remaining term and 3.00% annual escalations

• ACTEGA has four (4), 5-year renewal options at the greater of FMV or 3.00% escalation from prior year Base Rental


HIGH-PERFORMING GLOBAL TENANCY

• Full lease guaranty from ACTEGA GmbH, the European parent company of the ACTEGA division

• Additional financial support from ALTANA, the parent company for the ACTEGA division, posting €3.0B in 2022 net sales (+13.0% YoY) with over 7,100 employees nationwide


MISSION-CRITICAL FACILITY

The Property will serve as ACTEGA’s new distribution and R&D HQ in North America and will consolidate existing operations in New Jersey, Indiana, and North Carolina to make the newly upfitted facility a one-stop-shop for all North American operations.


HIGHLY FUNCTIONAL FACILITY WITH SUBSTANTIAL TENANT INVESTMENT

• Highly entrenched tenant investing $10.2M of their own capital into the facility

• Full TPO roof replacement in 2017 with 20-year warranty (exp. 2037)

• Complete office renovation in 2020

• Updated fire suppression systems, new electrical & plumbing systems, updated LED, and new dock door/drive-in packages, among other improvements

ACTEGA Distribution & North American R&D HQ 4_Actifs en vente
ACTEGA Distribution & North American R&D HQ 4_Actifs en vente
ACTEGA Distribution & North American R&D HQ (0 actifs)

Contacter l'équipe

Vous avez des questions ? Consultez notre page FAQ
Voir la page FAQArrow Right
JLL peut vous accompagner dans le financement et la gestion de votre portefeuille. Contactez-nous pour découvrir comment nous pouvons vous aider.
Dernière mise à jour
4 avr. 2024