|Current / Passing Rent||
JLL, as exclusive advisor to Air Parts and Supply Company (“APSCO”), is pleased to present the opportunity to perform a sale leaseback of the APSCO Headquarters (the “Property”) totaling nearly 14,172 square feet, in Miami, FL. APSCO is an aircraft parts supplier specializing in the distribution of aircraft ignition parts, fuel controls, starter generators and related parts for aircraft turbine engines. They list more than 21,000 part numbers and stock more than 1,000,000 items. APSCO’s parent company, VSE Corporation, is a diversified products and services company providing logistics solutions to both federal and commercial clients.
The Property recently underwent a $1,700,000 capital infusion which reimagined the building. Acquiring the Property presents investors with a healthy sale lease-back opportunity with upside through future rent escalations.
- Six Year Triple Net Lease with annual rent escalations
- Single Tenant owner user opportunity in scarce market with Five Years of positive net absorption
- Strategic Industrial Location within an affluent trade area with strong demographics
- Parent Company Lease Guarantee