2-Unit Filtration Group Portfolio

600 Railroad Avenue, York, SC 29745

  • For Sale $7,850,000
  • Property Type Industrial - Manufacturing
  • Property Size 129,785 SF
  • Units 2
  • Property Tenancy Single Tenant
  • Date Updated Jan 20, 2024
  • HVAC None
York, SCJonna Group of Colliers International is pleased to present the opportunity to acquire a portfolio of two Industrial Properties leased to Filtration Group, LLC. Filtration Group guarantees both leases and carries a “B” rating from Standard & Poor’s. Filtration Group has more than 7,200 employees across 28 countries, with an annual revenue of over $1.5 Billion. Filtration Group is a leading manufacturer of filtration products, science tools, fiber and foam material development, and industrial technologies, including hydraulic filters. The two properties comprise a total of nearly 130,000 square feet on over 12 acres. Filtration Group leases and occupies the full 49,614 SF at the York, SC location. BMS Logistics, Inc. operates under a sublease at the St. Joseph, MO location. BMS Logistics, Inc. has operated at this location since July of 2016 and their sublease extends into 2024. This offering provides potential buyers with attractive returns and rent increases to hedge against inflation. In addition, there are 6+ years of term remaining and guaranteed by a strong, essential, credit-rated tenant, ensuring reliable returns. The portfolio is also located in exceptional industrial markets outside of the Charlotte and Kansas City MSA’s, strengthening lease renewal potential or retenanting potential.

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Highlights

  • 6.09% CAP Rate
  • Strategically Located Near Major MSAs and in Strong Industrial Neighborhoods
  • Filtration Group Guarantees Both Leases and Carries a S&P “B” Rating
  • Filtration Group is a Leading Manufacturer of Filtration Products with an Annual Revenue exceeding $1.5 Billion
  • Strong Hedge Against Inflation with Annual Increases in Rent
  • Over 6 Years of Lease Term Remain with Two 10-Year Options to Extend
  • Lease is Absolute NNN - There are zero Landlord Responsibilities

Contacts

broker

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

(248) 226-1610

Location

Getting Around

  • Walk Score ®

    8/100 Car-Dependent
  • Bike Score ®

    18/100 Somewhat Bikeable
Powered by Walk Score ®
  • City York, SC
  • Zip Code 29745
  • Market Charlotte

Points of Interest

  • BP

    0.31 miles

  • Southern Star

    1.03 miles

  • Shell

    1.19 miles

  • Shell

    1.19 miles

  • Marathon

    1.52 miles

  • Marathon

    2.22 miles

  • Speed Express

    7.83 miles

  • Murphy Express

    8.66 miles

  • Circle K

    8.84 miles

  • Marathon

    8.99 miles

  • Jasmine Cafe & Gifts

    0.88 miles

  • The Coal Yard Restaurant & Lounge

    0.88 miles

  • L'Cees Grill & Ice Cream

    0.96 miles

  • Burger King

    1.04 miles

  • KFC

    1.06 miles

  • Rey Azteca

    1.22 miles

  • Huddle House

    1.26 miles

  • Zaxby's

    1.48 miles

  • Domino's

    1.50 miles

  • Bojangles'

    1.58 miles

  • BI-LO

    1.26 miles

  • Walmart Supercenter

    1.71 miles

  • Food Lion

    2.40 miles

  • ALDI

    8.60 miles

  • Walmart Supercenter

    8.68 miles

  • BI-LO

    8.92 miles

  • Food Lion

    8.97 miles

  • York Police Department

    0.96 miles

  • York Fire Department

    0.98 miles

  • Rite Aid

    1.14 miles

  • Walgreens

    1.83 miles

  • York County Law Enforcement

    1.92 miles

  • Sharon Volunteer Fire Department

    5.86 miles

  • McConnells Volunteer Fire Department

    7.80 miles

  • Newport Fire Department Station 1

    8.30 miles

Frequently Asked Questions

What is the lease rate for 2-Unit Filtration Group Portfolio?

Rental asking rate at 2-Unit Filtration Group Portfolio is $3,925,000.00/YR.

What is the total square footage of 2-Unit Filtration Group Portfolio?

2-Unit Filtration Group Portfolio totals 129,785 square feet.

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Contact Listing Broker

broker

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

(248) 226-1610