Asking Price: $10,376,033
Cap Rate: 6.15%
Annual Rent: $638,126
Lot Size: 622,819 SF
This is the opportunity to acquire a freestanding manufacturing facility in Kaufman, TX. The property is leased to Numo Manufacturing. The promotional products group operates out of this facility. The lease is corporately guaranteed by Kolder, Inc. also known as Numo Manufacturing. The lease calls for annual 2% increases in rent.
Kaufman is located in central Kaufman County at U.S. Route 175, a four-lane limited access highway, passes through the southwest side of the city, leading northwest 33 miles to Dallas and southeast 39 miles to Athens. Texas State Highway 34 passes through the south and east sides of the city, leading north 12 miles to Terrell and southwest 26 miles to Ennis. State Highway 243 leads east from Kaufman 27 miles to Canton.