Industrial & Logistics

Pure Power Mission-Critical NNN Portfolio

121 Research Dr. Columbia, SC United States 29203
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1998
Building Area
Occupancy 100.0 %
Last Updated Date 27 Feb 2020

Property Description

Strategically located within hours of several major OEMs and over 400 automotive focused companies, the portfolio enjoys unmatched regional connectivity via five major interstates and can access nearly 60% of the US population in a single day’s drive. The portfolio employs roughly 255 of the combined business’ 1,700+ workers and is ideally situated within 4 hours of Stanadyne’s manufacturing plant in Jacksonville, NC.

Investment Highlights

  • Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for the
  • PurePower Mission-Critical NNN Portfolio – a two (2) building, 238,924 square foot portfolio comprised of
  • PurePower Technologies’ global headquarters and mission-critical manufacturing facilities. The portfolio, which
  • encompasses all of the company’s operational and manufacturing locations, is 100% leased to Pure Power
  • Technologies, Inc. (“PPT”), a wholly-owned subsidiary of Stanadyne, LLC, for 16+ years on an Absolute Net basis
  • with 2.15% annual rent escalations. PPT has occupied both facilities for the past 20 years and has demonstrated
  • its long-term commitment to the buildings through heavy investment of its own capital into the real estate as
  • well as fixtures and equipment, making the assets absolutely irreplaceable and an integral part of the company’s
  • future growth.
Patrick Nally
Patrick Nally
Senior Director, Capital Markets
License details
NC-282053

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+358931583230

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.