1101 Commerce Pky 45 245 pi² Industriel Immeuble Findlay, OH 45840 6 815 004 $ CAD (150,62 $ CAD/pi²) 7,50% Taux de capitalisation

STRONG CORPORATE GUARANTEE / THE HOME DEPOT “PARTNER OF THE YEAR” – KREATE, Inc. is a leading manufacturer of plastic injection-molded products headquartered in Findlay, OH, with operations spanning across five states. KREATE designs and manufactures a broad range of consumer storage and organization products, including the widely recognized HDX and Husky storage lines sold exclusively through The Home Depot, and was recognized by The Home Depot as “Partner of the Year” in back-to-back years (2024–2025).
LONG-TERM ABSOLUTE NNN LEASE / STRONG 3% ANNUAL INCREASES – In 2024, KREATE, Inc. executed a rare 20-Year Absolute NNN lease at the subject property, demonstrating its long-term commitment to the facility and its mission-critical role within the company’s overall operations. The lease also features favorable 3% annual rent increases with additional options to renew at Fair Market Value, providing investors with a strong hedge against inflation.
HIGHLY FUNCTIONAL INDUSTRIAL MANUFACTURING FACILITY WITH EXPANSION CAPABILITIES – The subject property consists of a functional ±45,245 SF industrial manufacturing facility situated on ±5.26 acres (19.75% building-to-land coverage) and is equipped with three (3) cranes, ±32’ clear height, and three (3) grade-level doors. Given the property’s excess yard area, the site offers significant future expansion potential with the ability to potentially double the current building footprint.
STRATEGIC MIDWEST INDUSTRIAL LOCATION / EXCELLENT TRANSPORTATION CONNECTIVITY – Findlay, OH has established itself as one of the Midwest’s premier manufacturing and logistics hubs, providing access to approximately 60% of the U.S. population within a 600-mile radius. The market is strategically positioned along Interstate 75 and further benefits from proximity to the CSX Northwest Ohio Intermodal Terminal, providing efficient connectivity to major Midwest distribution markets and national rail networks.