Documents
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Attributes
Year Built | 2000 |
Building Area Gross |
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Asset Description
Jones Lang LaSalle Americas, Inc. is pleased to exclusively offer for sale the fee simple interest in a Praxair Distribution facility (the “Property” or “Asset”) located in Huntington, IN. This Asset features a large two-acre parcel and is operating on a double-net lease with just over one year of lease term remaining and minimal landlord responsibility. The Property is leased to Praxair Distribution, INC (the “Tenant” or “Tenants”), one of the largest welding, industrial, medical and specialty gas companies in the United States. This industrial investment opportunity offers a high yield and passive income structure, backed by tenancy with a proven track record of success.
Investment Highlights
- Single-tenant Praxair Distribution Facility
- Industry leading specialty gas provider
- Subsidiary of Linde - the largest specialty gas company in the world
- High yielding industrial investment opportunity
- Minimal landlord responsibility