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DOM: 7 Updated: 06.25.25 Posted: 06.25.25 Status: Pending     06.25.25

Summary

Price $4,393,100
Built/Renov 1985
Tenant Hellenbrand | Water Filtration Systems Manufacturing
Cap Rate 6.50%
Lease Type Double NN
Guarantor Corporate
Size/SF 35
Lease Start 02-28-2019
#Units
Price/SF $0.00
Expiration 02-28-2035
Tenant Type Industrial
NOI $285,552
R. Term 9.8
Ownership Fee Simple
Rent/SF $49.20
Increases 2.5%/1/yrs
Pop 5Mi 0
Lot/AC 2.05
Options 1/10yrs/2.5%
AHHI 5Mi $0

Highlights

  • Tenant just executed a 10-year lease extension to 2035
  • Lease features one-year renewal option with 2.5% annual increases
  • Absolute NNN lease with no landlord responsibilities
  • Madison MSA (2nd Largest MSA in Wisconsin)
  • Corporate guarantee 

Location Description

Hellenbrand is strategically located on Moravian Valley Rd with excellent visibility, access, and frontage, ideally situated just off State Road 19. The property sits within 2.5 miles of numerous national retailers including Walgreens, Dunkin’, The UPS Store, Ace Hardware, Dollar Tree, McDonald’s, and more. It is directly adjacent to the Uniek Inc. headquarters, a...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Since 1976, Hellenbrand has been offering water treatment solutions for residential, commercial, and industrial purposes by developing reliable and efficient products like ProMate EcoMax and Iron...


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Listing Broker

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