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5960 Country Lakes Drive
BF Industrial Center, off Luckett Road, close to I-75
Frontage on 3 streets
10,752 SF Masonry and Metal Building
Includes 2,026 SF of office area, 6,972 SF of shop area plus 1,784 SF of canopy roofed areas
Additional 2,026 SF of mezzanine not included in SF
Constructed in 2001, expanded in 2006
104,249 SF or 2.39 Acres
Strap #10-44-25-07-00000.0250
Zoned: IL (Light Industrial)
Public Water and Sewer
600 amp, 3-phase electrical service
Fenced site with ample yard lighting, two gated entrances, concrete paving.
Existing tenant: H&E Equipment Services, Inc.
NASDAQ: HEES
Initial Lease Date: July 2001
Current Term: July 1, 2011 - June 9, 2016
Current Base Rent: $10,012.89 + CAM + Sales Tax
Increases:
Annual CPI
$1,400,000
8.8% CAP RATE (based on June 1 closing and 3% CPI)
Net Operating Income $120,262.60 to increase by CPI July 1st of each year
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