Exceler Building Solutions Headquarters Sale-Leaseback_Actifs en vente

101 Carleton Avenue, Hazleton, PA, 18201-7321, US

Exceler Building Solutions Headquarters Sale-Leaseback

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the Exceler Building Solutions Sale-Leaseback opportunity, consisting of the Company’s mission-critical HQ and manufacturing plant located in Hazleton, PA. At closing, the Property will be 100% absolute NNN leased on a long-term basis to Exceler Building Solutions (formerly “Nexii”).

Exceler is a sustainable construction technology company that is committed to designing and manufacturing green building products that are resilient in the face of climate change.

Interested investors can capitalize on an attractive combination of a mission-critical manufacturing facility located in a fundamentally strong East Coast market that is leased to a next-generation company while earning secure, long-term passive cash flow.

...

Caractéristiques de l'actif

Surface de l'actif brut

17 327 m²

Occupation

100,00 %

Année de construction

1920 & 1999

Média

Points clés d'investissement

LONG-TERM ABSOLUTE TRIPLE NET LEASE

Long-term (10 to 20 years) absolute NNN lease and zero landlord responsibilities.
Attractive 3.0% annual rent escalations and four, five-year renewal options offers a secure and growing income stream.
Tenant is a next-generation sustainable construction technology company.

MISSION-CRITICAL INDUSTRIAL FACILITY

186,511-square-foot, climate-controlled HQ and manufacturing plant that is vital to Tenant's U.S. operations for long-term growth.
Located near major East Coast markets and Tenant's target customers.

SUBSTANTIAL TENANT INVESTMENT

Over $2.76 million ($15 PSF) in recent Tenant investment including roof repairs/replacements, HVAC, lighting, parking lot repaving, and painting.

BOOMING INDUSTRIAL MARKET

Surging demand in Scranton/Interstate-81 industrial market:
- Record-low vacancy rate of sub-4.9%
- 11.5 MSF of positive net absorption since 2021
- Over 32.7% rent growth since 2019

STRATEGIC EAST COAST LOCATION

Ideally positioned near I-81, I-80, and I-84 roadways allowing for excellent connectivity.
The epicenter of the East Coast and accessible to 33% of the U.S. GDP within a 3-hour drive.