TriStar JCB – Murfreesboro, TN (Nashville MSA)
Murfreesboro, Tennessee
Cap Rate: 6.00%
$4,300,000
Available
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Get In TouchClemons Sales Corporation | Boise, ID
Clemons Sales Corporation
6983 Supply Way, Boise, ID, 83716, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 18,600 SF Facility Leased Out to Clemons Sales Corporation in Boise, ID. This is a Rare Opportunity to Acquire a Long Term Absolute NNN Industrial Asset With Annual Increases Located in the Heart of Boise’s Airport and Industrial District.
- Long Term Operating History & Commitment to Facility: Founded in 1973, Clemons Sales Corp Has Nearly 50 Years of Industry Experience and Has Been Operating Out of This Facility For the Last 25+ Years; at the Close of Escrow, Clemons Will Sign a New Long Term Lease Further Showing a Commitment to this Location
- Rare Long Term Absolute Net Industrial: Rare Opportunity to Acquire a 10+ Year Absolute NNN Industrial Asset With Annual Increases Located in the Heart of Boise’s Airport and Industrial District
- Close Proximity to Interstate & Airport: The Facility is Located Just Minutes Away From I-84 and is Located Less Than 3 Miles From the Boise Airport, Making it a Highly Desirable and Functional For Warehouse and Distribution Purposes
- Desirable IOS Asset Class: With Almost 3.00 Acres of Yard Space, This Location Allows For Significant Industrial Outdoor Storage (IOS), Which is One of the Most Sought-After Asset Classes in Today’s Market
- Nearby National Tenant: Notable Nearby Tenants include Amazon, FedEx Ground, United Rentals, Penske Truck Rental, and Old Dominion Freight Lines
Sands Investment Group Idaho Company License – Lic. #CO50030
In Cooperation With ParaSell, Inc., A Licensed Idaho Broker Lic. # CO50030 BoR: Scott Reid – Lic. #DB47098
Clemons Sales Corporation
6983 Supply Way, Boise, ID, 83716, USA
CLEMONS SALES CORPORATION
Clemons is a global leader in the engineering and manufacturing of freshwater filtration systems designed for the agricultural industry. With over 50 years of experience, Clemons has built a reputation for delivering highquality irrigation filtration solutions that help keep operations running smoothly. The company is at the forefront of innovation in the field, providing advanced freshwater filtration technologies that optimize water use, ensure sustainable crop yields, and enhance farming efficiency. Clemons is committed to sustainability, precision, and reliability, with a focus on safeguarding the future of farming. Their solutions empower farmers around the world to manage water resources effectively, supporting healthy, consistent crop production. By deeply understanding the agricultural ecosystem, Clemons continues to drive agricultural success, helping growers meet the challenges of today while planning for a sustainable tomorrow.
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Price
$6,000,000
Cap Rate
6.00%
PREMISES
18,600 SF
RENEWAL OPTIONS
3 x 5 Year Options
Lease Expiration
10 Years from Close of Escrow
Lease Type
Absolute NNN
RENTAL INCREASES
2% Annually
BROKERS
Scott Reid, ParaSell LLC
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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