Asking Price
Sq. Footage
NOI Net Operating Income
Cap Rate

Attributes

Year Built 1960
Current / Passing Rent
Tenant Apsco Incorporated
Lot Size acres

Property Description

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.

Investment Highlights

  • 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 


Alex Sharrin
Alex Sharrin
SVP, Capital Markets
Licensed in
IL - 475.170243
Victor Garcia
Victor Garcia
Director
Licensed in
BK3213205

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.