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701 NW De Hoernle Pl Boca Raton, FL

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For Sale
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Two industrial/manufacturing properties in Boca Raton, Florida for sale.

Property size:
93,898 SF
Lot size:
1.86 Acres

Property Features for 701 NW De Hoernle Pl

General Information

Size
93,898 SF
Lot size
1.86 Acres

Source: JLL | Denver Agent Brian Shanfeld

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Boca Raton Industrial Portfolio

Offered for sale is the Aerospace Technologies Group Sale-Leaseback Portfolio, consisting of two industrial and manufacturing properties totaling 93,898 square feet, situated in Boca Raton, Florida. Upon closing, Aerospace Technologies Group, Inc. will commit to a 20-year, absolute triple-net master lease term featuring 3.00% annual escalations. These properties serve as the tenant’s primary manufacturing, research, and development operations. The properties are strategically located in the heart of Florida Atlantic University’s Research Park within South Florida’s core industrial market. ATG is a developer and supplier of window shade systems for the private and commercial aviation industry and the largest Tier 1 supplier of electric window shade systems to aircraft OEMs worldwide. This presents an opportunity to acquire two infill and mission-critical industrial facilities in one of the nation’s top industrial markets, secured by long-term cash flow from a global manufacturer of engineered products.
Location Intelligence

Current Use by Public Records

Manufacturing properties

Map

City
Boca Raton
County
Palm Beach
State
Florida
Longitude
-80.08
Latitude
26.36

FAQs

What type of property is this?
Manufacturing property - Two industrial/manufacturing properties in Boca Raton, Florida for sale.
Where is this manufacturing property located?
The property is located at 701 NW De Hoernle Pl Boca Raton, FL.
What are key features of this property?
This property features: - 20-year absolute triple-net master lease with 3.00% annual escalations upon closing.; - Mission-critical industrial / manufacturing properties totaling 93,898 SF.; - Located in Boca Raton, FL, within Florida Atlantic University’s Research Park.
More about this property
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