Austin Timber Company 364 E Old IL 250 20 000 pi² Industriel Immeuble Noble, IL 62868 3 447 450 $ CAD (172,37 $ CAD/pi²) 9,60% Taux de capitalisation

EXECUTIVE SUMMARY: This offering presents the opportunity to acquire a stabilized industrial investment leased to Austin Timber Company under a triple-net (NNN) lease. The property delivers strong monthly cash flow, minimal management responsibility, and a clearly defined income stream for the next three (3) years. With an attractive yield and a low-risk lease structure, this asset is well suited for private investors, 1031 exchange buyers, and income-focused portfolios.
FINANCIAL OVERVIEW:
- Monthly Rent: $20,000
- Annual Rent: $240,000
- Lease Term Remaining: 3 Years
- Operating Expenses: Tenant Responsibility (NNN)
- Annual Net Operating Income (NOI): $240,000
- Implied Cap Rate: ~9.6% at asking price
INVESTMENT HIGHLIGHTS
- Immediate Cash Flow: Income from day one
- Triple-Net Lease: No landlord responsibility for taxes, insurance, or maintenance
- Stabilized Tenant: Operating industrial business with ongoing occupancy
- Attractive Yield: Strong cap rate relative to comparable industrial assets
- Predictable Income: Locked-in lease term through the next 36 months
- Low Management Intensity: Ideal passive investment
RETURN PROFILE
- Annual Cash Yield: ~$240,000
- Gross Rent Over Remaining Lease Term: ~$720,000
- Risk-Adjusted Return: High yield with limited operational exposure
- This property provides a compelling balance of income stability and capital preservation, particularly in a market where high-yield industrial assets are increasingly scarce.
RISK MITIGATION
- No vacancy risk during the lease term
- No exposure to rising operating costs (NNN)
- No near-term capital expenditures anticipated
- Industrial asset class with durable demand
EXIT STRATEGY & UPSIDE
At lease expiration, the buyer maintains full optionality to:
- Renew the lease at market terms
- Sell it back to Austin Timber Company
- Re-tenant the property
- Reposition or redevelop the site
This flexibility enhances downside protection while preserving future upside.
OFFERING SUMMARY
- Price: $2,500,000
- Income: $20,000/month | $240,000/year
- Lease Structure: Triple Net (NNN)
- Tenant Term: 3 Years Remaining
Serious inquiries only. Lease abstract, financials, and supporting documents available upon request.