Offering Memorandum
Highlights
- 4+ Years Remaining on Double-Net (NN) Lease with Four (4) Five-Year Options
- Corporately Guaranteed Lease - OfficeMax North America LLC - Wholly Owned Subsidiary of OPD Corporation - +/- $1.92B Market Capitalization, $8.42B+ T12 Sales, 959 Locations
- Located along Primary Gadsden, AL Thoroughfare - George Wallace Drive - 21K+ VPD
- Proximate to Gadsden State Community College - 3,500+ Students
- Near Coosa Town Center - Top Ranking Walmart Anchored Shopping Center - 3.5M T12 visits - 94th Percentile of Shopping Centers in State of Alabama
- Price: $2,900,000
- Lot Size: 2.15 AC
- Cap Rate: 7.50%
- Lease Type: Double Net (NN)
- Year Built: 1997
- Building SF: 23.,500 SF
- Status: Active
- Guarantor: Corporate - OfficeMax North America LLC