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North American Manufacturing | Long Term NNN Investment | ZERO Landlord Responsibilities | 8.73% Average Return

$3,250,000

1074 Barring Avenue, Scranton, PA 18508

Active
Last Updated: 03/20/2025

7.5

Cap Rate

243,547

NOI

Details:
Cap Rate:    7.5%
NOI:    $243,547
Building Size:    52,500 sqft
Lot Area:    3.02 acres
Lease Type:    Triple Net
Year Built:    1980
Price Per Sqft:    $61.90
Year Last Renovated:    2020
Highlights:
  • 20-Year Triple-Net Lease | 16 Years Remaining
  • 2% Annual Rent Bumps | (4) Five-Year Renewal Options
  • 100% Leased to North American Manufacturing (NAM)
  • Blended 8.73% CAP Rate Over Base Term
  • NAM Specializes in Providing High-Quality, Innovative, and Rugged Equipment for the U.S. Military and Other Government Agencies –
  • Providing Predictable Cash Flows
  • NAM Has Been in Operation for almost 50 Years | Stable & Committed Tenant
  • NAM was Acquired by KAHO Partners, a Long-Term Investment Partner and Owner of 100MM+ Government Manufacturing Contracts
  • The U.S. Defense market cap is estimated to be upwards of $300 Billion dollar industry
Map:
Documents:
Title
Offering Memorandum
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Location
Gallery