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| Price $14,430,000 | Built/Renov 2002/2018 | Tenant Graham Packaging Plastic Products |
| Cap Rate 7.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
259,680
| Lease Start
10-01-2008
| #Units
86
|
| Price/SF $55.57 | Expiration
02-28-2029
| Tenant Type Industrial |
| NOI $1,082,188 | R. Term 3.8 | Ownership Fee Simple |
| Rent/SF
$4.17
| Increases 1.0%/1/yrs | Pop 5Mi 13,654 |
| Lot/AC 19.30 | Options 3/3yrs | AHHI 5Mi $73,225 |
| | |
Graham Packaging Plastic Products is strategically located on Ogden Road, with access direct access to U.S. Route 29 (US 29), a major north-south route in the Virginia Commonwealth. The property is surrounded by community educational institutions, including Virginia Technical Institute, Altavista Elementary, and more. The 5-mile trade area surrounding the property is supported by a population...
...Build to suit
Oversized lot
Major thoroughfare
Dense retail corridor
Near major nationals
Strategically located
Absolute NNN
Annual rent increases
Corporate Guarantee
Credit rated company
Graham Packaging Company, Inc., is the world’s leading custom rigid plastic container manufacturer, and world’s first bottle-to-bottle recycler of plastic containers. Graham Packaging Company...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,020 | 5,762 | 8,547 |
| 2023 Total Population : | 2,067 | 5,922 | 8,799 |
| 2023 Employed Civilian Pop : | 876 | 2,606 | 3,917 |
| 2023 Total Businesses : | 31 | 271 | 326 |
| 2023 Average Household Income : | $ 60,104 | $ 64,826 | $ 69,830 |
| 2023 Total Consumer Spending : | $ 48 M | $ 149 M | $ 242 M |
| 2023 Median Age : | 45 | 46 | 46 |
| 2023 Total Households : | 916 | 2,608 | 3,911 |
| 2023 Pop Age 25+: Bachelor's Degree : | 257 | 621 | 796 |
| 2023 Average Home Value : | $ 153,252 | $ 164,249 | $ 172,473 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Avondale Dr | Allen Rd | 2002 | 770 | 0.36 mi |
| Avondale Drive | Allen Rd | 2020 | 380 | 0.36 mi |
| Ogden Road | Melinda Dr | 2020 | 1,100 | 0.39 mi |
| Ogden Road | Melinda Dr | 2021 | 1,200 | 0.39 mi |
| Lynch Mill Road | Wards Rd | 2018 | 3,700 | 0.45 mi |
| Lynch Mill Road | Wards Rd | 2020 | 4,400 | 0.49 mi |
| West Rd | Forest St | 2002 | 160 | 0.50 mi |
| Frazier Road | Toddsbury Rd | 2018 | 2,800 | 0.53 mi |
| Frazier Road | Toddsbury Rd | 2020 | 2,600 | 0.54 mi |
| Frazier Road | Lola Ave | 2018 | 1,900 | 0.60 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
