Infiltrator Water Technologies – Winchester, Kentucky
5555 Rockwell Road, Winchester, KY 40391
Closing Notes
- All Cash
- Sourced a New York Buyer
- Closed at 78% Occupancy
Property Description
Investment Highlights
Strong Corporate Guarantee – Advanced Drainage Systems (NYSE: WMS) has over 70 Manufacturing Plants and 37 Distribution Centers Across North America with More Than $2 Billion in Annual Revenue
Lowest Price Per SF ($17.29) Industrial Building Occupied by a Publicly Traded Tenant Currently on the Market
No Single Industrial Building of this Size on the Market – Property is Over 607,412 SF
Strong Corporate Guarantee
- Advanced Drainage Systems is the Largest Plastic Recycling Company in North America, Ensuring Over Half a Billion Pounds of Plastic is Kept Out of Landfills Every Year
- Strong Presence in This Town – Tenant has 5 Locations in Winchester Alone
- Advanced Drainage Systems Acquired Infiltrator Water Technologies for a Purchase Price of Approximately $1.08 Billion
Strong Real Estate Fundamentals
- 20ft Ceiling Clear Height
- Metal and Rubber Roof
- Concrete Tilt Up Building
- 10 Drive in Doors and 11 Dock High Doors
- Located Just Off of HWY 64 – Averaging Over 40,000 Cars Per Day
- Tenant Continues to Take Up Space within the Building Showing Great Commitment to the Site
- Large Site of Over 44 Acres
Broker of Record: Colby Haugness, Lic.#: 242197
Contact Information
James Andrews
Associate
Net Leased Properties Group
(949) 419-3302
[email protected]
License: CA 02115272
Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
[email protected]
License: CA 01958307
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643