Red Head Brass

643 Legion Dr Shreve , OH 44676-9271

Red Head Brass - industrial for sale

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Overview



JLL is pleased to offer for sale the Red Head Brass, LLC Industrial Sale Leaseback Facility located in Shreve, Ohio, approximately 10 miles south of Wooster and 40 miles southwest of Canton. This 76,503 square foot headquarters Facility will be secured by a long-term, 20-year absolute triple net lease to Red Head Brass, LLC (the “Tenant” or “RHB” or “Company”). RHB has been headquartered in Shreve since 1972 and is one of the largest manufacturers of couplings and fittings for the firefighting market in the United States. The Company’s products are used in critical, life-saving applications such as firefighting hoses, firefighting trucks, and fire hydrant adapters. Red Head Brass has built its notable reputation as the preferred supplier in its markets by focusing on quality, the industry’s fastest and most reliable delivery, engineering expertise, and a high level of customer service.

Investment highlights



·       Strong Tenant Profile

·       Mission-Critical Facility

·       Strategic Location

·       Excellent Sponsorship

·       Absolute NNN Lease

·       Free & Clear of Existing Debt

General
Property type Industrial
Property subtype Manufacturing
Tenure type Sale/Purchase
Property address 643 Legion Dr, Shreve, OH 44676-9271
Building size 76,503  ft2
Year built 1972
Year renovated 1985
Financial
Price Confidential
Cap rate Confidential
Current NOI $267,761.00
Lease
Tenant's name Red Head Brass LLC
Lease type NNN

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