Hunter Defense Technologies | 2 Building Investment
Geneva, OH 44041
Price: $14,388,000Cap Rate: Building SF: 212,382 SFLot Size: 20.48 AcresYear Built: VariousStatus:
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Investment Highlights:

 

Successful Vertically Integrated Manufacturing Tenant – Hunter Defense Technologies (HDT) Global is the largest supplier in the World of ECUs (Environmental Control Units) for the Military and the largest manufacturer of heavy duty/severe duty equipment in the U.S. They have a diversified business model with Industrial & Commercial businesses hedged by their successful Military & Government products.

Two Building Offering on Over 35 Acres – The offering includes two R&D and Manufacturing Facilities – 5450 Bishop Rd (27,072 SF industrial/office/warehouse on 15.29 Acres) & 5455 OH Hwy 307 (212,382 SF R&D/industrial/office/warehouse on 20.48 Acres).

Long Term Lease with Rent Growth -The 15-year Net leases have ten (10) years remaining with five (5) 1-year renewal options and is guaranteed by Hunter Defense Technologies (HDT) Global. The lease features 3% annual rent escalations in the primary term as well as in the option periods.

Mission Critical Facility – The site houses a Powder Coat Conveyor Line System, a Chemical Resistant Pain (CRP) booth facility, and a $1 Million Psychrometric Chamber, allowing them to provide unique services and do in-house testing on their products.

Long Term Commitment to the Site – HDT’s testing and manufacturing facilities allow them to have a competitive advantage over their competitors and would be very expensive to move/replace.

 

 

 

 


Ryan Barr

rbarr@lee-associates.com
O. 760.448.2446
F. 760.929.9977

Ryan Bennett

rbennett@lee-associates.com
O. 760.448.2449
F. 760.929.9977