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CHICAGO, IL, November 02, 2020 /24-7PressRelease/ -- B+E, the first brokerage and technology platform for net lease real estate, announced the listing of the RoadHog corporate headquarters property located at 464 Southpoint Circle, Brownsburg, IN for $4,300,000.
The property is +/- 64,175 square feet and sits on +/- 6.15 acres of land and is listed at an initial cap rate of 6.52%. There are approximately 14 years remaining on the lease with 2% rent escalations every year.
"We have seen incredible investor interest in industrial assets like this over the last few months," said Spencer Henderson with B+E.
The property is also RoadHog's main operations hub, with all of RoadHog's manufacturing taking place within the location, making this asset critical to RoadHog's current and future operations. RoadHog has a national presence with products offered in over 180 locations across the U.S. and Canada.
The property is surrounded by a notable industrial tenant mix and in close proximity to I-74. Industrial assets have proven to be a very strong and reliable investment vehicle due to multiple factors including e-commerce growth, global trade demand, growing consumer demands and a need for retailers to optimize their supply chain.
For more information, contact Spencer Henderson at [email protected], or go to www.benetlease.com
B+E is a modern investment brokerage firm, specializing in net lease real estate. The firm helps clients buy and sell single tenant real estate. Founded by deeply experienced brokers, B+E redefines trading through an intuitive end-to-end transaction platform comprising of user-friendly dashboards and an AI-driven exchange — all leveraging the largest data set in the net lease industry.
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