Industrial & Logistics

Mauser Packaging - Hastings, MN

990 Spiral Blvd Hastings, MN United States 55033-3694
Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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Key Facts

Year Built 1997
Lease Type NNN
Lease Expiration 2030-12-31
Remaining Term 10 years, 6 months
Tenant Mauser Packaging Solutions
Building Area
Land Area

Property Description

JLL is pleased to offer for sale the fee-simple interest in a mission-critical facility industrial warehouse facility leased to industry leading packaging conglomerate, Mauser Packaging Solutions. The Minneapolis-based location totals ±32,000 square feet and operates under the Company’s vital “Reconditioning Services” business unit.


The offering represents a unique opportunity to purchase an appreciating cash flow tenanted by a private equity-backed industry leader, poised to capitalize on the inherent need to provide industrial packaging for the ±$36 trillion of manufactured goods produced worldwide.

Investment Highlights

  • Over 11 years of remaining lease term; 3.0% bi-annual escalations
  • NNN leases ensure minimal landlord responsibilities
  • Annual net absorption of 3.64 million square feet from 2012 to 2018
  • Industrial packaging conglomerate with revenues of $4 billion
  • Strong infrastructural connectivity with below-market rents
  • Industrial packaging industry is forecasted to grow by a 5.4% CAGR over the next 6years
Peter Bauman
Peter Bauman
Senior Director, Capital Markets
Licensed in
AZ - SA647389000 NV-186153
Chris Hickok
Chris Hickok
Managing Director, Industrial Lead

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