1031 Industrial needed. 7.50 cap rate . 60,000 sq ft Superb location Fl-Portfolio even better.10-60M

We will have a 1031 situation come around mid-year. We are looking for acquisition possibilities with the following traits
Building Characteristics:
· Class A/B
· 50,000SF – 250,000SF each Building
· Minimal office, 10% or less.
· 24’ Clear Minimum
· ESFR
· 1 Dock per 10,000 SF
· Good highway access
· Located in Business Park

Tenant Characteristics:
· Growth industry
· Profitable/Creditworthy

Pricing:· , NNN 7.50 or greater Cap Rate based on market rent rates.
We will look at portfolios to purchase if they make sense a better caps.
In Buying Property - Asked by Mike R. - May 11, 2017
Report Abuse
Answer this Question

Answer(s)

Kathleen K.
Broker/Agent
Sunol, CA

Jones Lang Lasalle
Address: 4085 Campbell Ave #150, Menlo Park, CA 94025
Phone: (650) 493-1100
Hours: Open today · 8AM–5PM
Contacted with submission criteria, Mr Rivera, also posted on facebook.com
Kathleen Kane

May 17, 2017
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question