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Investment Highlights

  • Rare three-building, single-tenant absolute net lease (STNL) industrial portfolio
  • 20+ year operating history at these specific locations
  • Offered as a portfolio — a turn-key, fully occupied multi-building industrial acquisition with no lease-up risk and no near-term rollover exposure
  • 7 years of lease term remaining across all three buildings, providing an investor with an exceptional long-duration
  • Two properties fully occupied by a single international credit tenant across two states

Executive Summary

ERVIEW
- Rare three-building, single-tenant absolute net lease (STNL) industrial portfolio — two properties fully occupied by a single international credit tenant across two states
- 7 years of lease term remaining across all three buildings, providing an investor with an exceptional long-duration, passive income stream from day one
- 20+ year operating history at these specific locations
- Geographically diversified across Angola, Indiana (two buildings) and Rock Falls, Illinois — two proven Midwest industrial submarkets with strong manufacturing fundamentals
- Offered as a portfolio — a turn-key, fully occupied multi-building industrial acquisition with no lease-up risk and no near-term rollover exposure
Investment Highlights & Value Proposition
- Institutional-quality, passive income stream — 7 years of lease term remaining across three buildings eliminates management complexity, leasing risk, and near-term rollover exposure
- Backed by an international parent (Samuel, Son & Co.) with a 170-year operating history and a continent-wide manufacturing and distribution platform
- Midwest industrial corridor positioning offers access to major freight networks, population centers, and a deep skilled labor pool at below-coastal operating costs
- Strong industrial real estate fundamentals in both markets — limited new supply and sustained manufacturing demand support long-term occupancy and rent growth
- Ideal for 1031 exchange buyers, net lease investors, or institutional capital seeking durable, credit-backed cash flow in the industrial sector
Samuel Metal Spinners
A division of Samuel, Son & Co., Limited — Mississauga, Ontario, Canada | Founded 1855
- Samuel, Son & Co. is a Canadian multinational and one of North America's largest integrated metal processors, manufacturers, and distributors — a family-owned enterprise with 5,200+ employees across 100+ facilities throughout North America
- Samuel Metal Spinners is a leading precision metal-forming company specializing in metal spinning, hydroforming, and deep drawing for the air handling, energy, agriculture, aerospace, and automotive industries
- Samuel acquired Metal Spinners Holdings in 2018 to accelerate its aerospace growth strategy — affirming the long-term strategic value of these Indiana and Illinois production facilities
- Serves major aerospace and industrial OEMs globally; recognized as a market leader with a blue-chip, multinational customer base
- Tenant's 20+ year presence at these locations, combined with 7 years of lease term remaining, reflects a level of operational commitment that is exceptionally rare in the net lease industrial market
- Continued investment in CNC automatic lathes and advanced laser technology at these facilities signals sustained, long-term operational commitment
Angola, IN — Market & Location Highlights
800 Growth Pkwy & 914 Wohlert St | Fort Wayne–Huntington–Auburn CSA
- Angola is situated approximately 45 minutes north of Fort Wayne, IN — Indiana's second-largest city and anchor of a Combined Statistical Area with over 645,000 residents
- Angola is a designated Micropolitan Statistical Area within the Fort Wayne CSA, offering lower-cost industrial real estate with direct access to major-market labor and logistics infrastructure
- Direct access to I-69, a primary north-south freight corridor connecting Indianapolis to the Michigan state line — critical for Samuel's multi-regional distribution and supply chain network
- Steuben County's manufacturing-driven economy mirrors the tenant's operational profile; major area employers include Autoform Tool & Mfg and Vestil Manufacturing
- Trine University and Purdue Fort Wayne support a skilled technical and engineering workforce pipeline serving the broader northeast Indiana industrial base
- Available IEDC incentives including tax credits, grants, and customized training programs further reduce tenant operating costs and reinforce long-term occupancy
Rock Falls, IL — Market & Location Highlights
802 E. 11th St | I-88 / Ronald Reagan Memorial Tollway Corridor
- Centrally positioned between the Quad Cities MSA (~55 miles southwest, 467,000+ population) and the Rockford MSA (~70 miles northeast, 349,000+ population) — two of northern Illinois' largest industrial hubs
- Direct access to I-88 (Chicago–Kansas City Expressway) via two interchanges — connecting to Chicago's western suburbs in ~1 hour and downtown Chicago in ~2 hours
- Situated at the intersection of US Route 30 and IL Route 40, key arterial corridors supporting regional manufacturing and freight movement
- Whiteside County Enterprise Zone provides significant industrial incentives including tax credits, exemptions, and development grants supporting tenant operations and investor value
- Whiteside County Airport (6,500 ft. runway) located less than ½ mile from I-88 — providing air freight access and executive travel convenience
- Rock Falls' municipal electric utility holds a Platinum RP3 rating — the highest-ranked municipal electric system in Illinois — a meaningful cost and reliability advantage for energy-intensive industrial manufacturing

Property Facts

Price $7,277,430 CAD
Price / SF $47.23 CAD / SF
Cap Rate 8.30%
Sale Type Investment NNN
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 154,080 SF
Total Land Area 10.10 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
802 Industrial Park Rd, Rock Falls, IL 61071 Industrial 52,000 SF - -
Wohlert Street 914
914 Wohlert St, Angola, IN 46703
Industrial 52,080 SF 1970 -
Metal Spinners
800 Growth Pky, Angola, IN 46703
Industrial 50,000 SF 1997 -
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  • Listing ID: 40144530

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: Samuel Metal Spinners, Angola, IN

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