Two-Property Manufacturing
For Sale
$7,850,000
600 Railroad Avenue, York, SC 29745
Two manufacturing facilities are leased under absolute NNN structures, including one fully occupied by Filtration Group.
Property Size129,785 SF
Days on Market169
Property Features for 600 Railroad Avenue
General Information
Standard status
Active
Size
129,785 SF
Property subtype
Factory
Building Details
Building Size
129,785 SF
Listing Agency:
The Jonna Group
Listed By:
Simon Jonna · License #6501357188
(248) 226-1610
Source:
Thebrokerlist
Added: Mar 18
Changed: Aug 30
Last Checked: Aug 30 at 4:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Jonna Group
Investment Insights
Based on property information with market context.
This manufacturing portfolio includes two industrial properties totaling nearly 130,000 SF across over 12 acres. Filtration Group, LLC leases both facilities and guarantees the lease obligations. At the York, SC property, Filtration Group occupies the entire 49,614 SF building. The St. Joseph, MO facility operates under a sublease to BMS Logistics, Inc., which has been in operation there since July of 2016.
The portfolio carries a 6.09% CAP Rate and uses absolute NNN lease structures, with zero Landlord Responsibilities stated. Filtration Group holds a “B” rating from Standard & Poor’s and operates as a manufacturer of filtration products, science tools, fiber and foam materials, and industrial technologies. The leases include annual rent increases and two 10-year options to extend. The properties are located in industrial markets outside the Charlotte and Kansas City MSAs.
The portfolio carries a 6.09% CAP Rate and uses absolute NNN lease structures, with zero Landlord Responsibilities stated. Filtration Group holds a “B” rating from Standard & Poor’s and operates as a manufacturer of filtration products, science tools, fiber and foam materials, and industrial technologies. The leases include annual rent increases and two 10-year options to extend. The properties are located in industrial markets outside the Charlotte and Kansas City MSAs.
Key Highlights
- Two industrial properties totaling nearly 130,000 SF on over 12 acres
- 6.09% CAP Rate
- Filtration Group guarantees both leases and carries a Standard & Poor’s “B” rating
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 29745, SC
32,602
Population
13,765
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
87%
High-School Grad
135.8 sq mi
ZIP Area
240
Density / Sq Mi
$75,665
Median Household Income
$42,676
Median Earnings
$961
Median Rent
$242,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Two manufacturing facilities are leased under absolute NNN structures, including one fully occupied by Filtration Group.
Where is this manufacturing property located?
The property is located at 600 Railroad Avenue York, SC.
What is the asking price?
The asking price for this property is $7,850,000.
What are key features of this property?
This property features: Two industrial properties totaling nearly 130,000 SF on over 12 acres; 6.09% CAP Rate; Filtration Group guarantees both leases and carries a Standard & Poor’s “B” rating
