Property Details

AMICO Perforated Metals, Inc.

Gates, NY
Property ID: 1985

Financial Summary

Asking Price $4,800,000
Cap Rate 8.50%
Net Operating Income (NOI) $408,000
Lease Type NN

Offering Memorandum

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Contact

Stanley Wyrwicz
Senior Managing Director
617.261.8584

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Highlights

  • Mission critical facility
  • Build-to-suit for tenant in 1968
  • Tenant has a substantial capital equipment investment at the site
  • Strong industrial market
  • Below market rental rate
  • Healthy economic region
  • Nasdaq traded parent company
  • Excellent location
  • Tenant extended lease in 2018, showing commitment to location
  • Pricing reflects short term lease

Location

100 Pixley Industrial Parkway
Gates, NY

Traci BidingerAMICO Perforated Metals, Inc.