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Exclusive Investment Properties
Top Opportunities – Exclusive Investment Properties
The following featured properties are exclusive listings of Planters Realty.
Click the link next to the photo to find out more, or click
here to contact an agent.
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A-Credit Net Lease
Industrial! -
NEW LISTING!
Planters Realty
is proud to exclusively present an industrial building net
leased to Leggett & Platt Corporation. Originally leased
in October 2005 for seven years, the lease is guaranteed
by the Fortune 500 firm. There are 4.5 years remaining on
the leases with one three year option to renew each at a
3% increase in rent. The lease remains flat through the remainder
of the initial lease term. The property is occupied by Hanes
Geo components, a Division of Leggett & Platt that was
purchased in 2005. Hanes Geo distributes erosion control
products to state agencies and large contractors throughout
the East Coast.
The site in Mercer,
PA is approximately 60 miles north of Pittsburgh at the junction
of two major interstates
(I-79 & I-80)
The site sits on 6 acres of land of which only 2-3 are being
used by Hanes Geo Components. Two years ago, the tenant contracted
with the Landlord to build an additional 36,000 sf as this
location is one of the company's top locations with its veteran
sale staff and centrality--their truckers can arrive to a
majority of the US population in less than one day.
Click
to download the flyer for this property [pdf
/676kb]
Click to download the
Confidentiality Agreement for Principals[pdf/24k]
For More Information contact Brett
Weil at 410-764-9800 x305 or bweil@plantersrealty.com.
 [Mapquest this location]
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$1,950,00
Purchase Price
9.84 CAP Rate
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Huge Upside!
4 Units
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$189,900
1 or 2 Beds
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$265,000
3 Units
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$99,900
25,000sf +/-
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$149,900
30,000sf +/-
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$49,900
25'x345' lot
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$89,900
6,000 sf +/-
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| Call 866-847-4499 or click to |
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