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| Price $7,531,000 | Built/Renov 2020 | Tenant Goodman |
| Cap Rate 7.00% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
45,423
| Lease Start
04-01-2021
| #Units
1,000
|
| Price/SF $165.80 | Expiration
11-30-2030
| Tenant Type Industrial |
| NOI $527,170 | R. Term 5.11 | Ownership Fee Simple |
| Rent/SF
$11.61
| Increases 2.5%/1/yrs | Pop 5Mi 193,017 |
| Lot/AC 4.31 | Options 2/7yrs/2.5% | AHHI 5Mi $70,710 |
| | |
Goodman is strategically located on Rockside Drive, a major retail thoroughfare with access to 39,400 vehicles passing by daily. The property benefits from its location just south of Interstate 480, a major east/west route experiencing high traffic count of 169,600 vehicles per day. Adjacent to the property lies Garfield Commons, a shopping center housing national tenants like Marc’s Stores,...
...Build to suit
Oversized lot
Near major nationals
Freeway close
Dense 100M+ pop 5 mi
Top 100 MSA
Favorable NN+ lease
Annual rent increases
Traded and rated company
Corporate Guarantee
Goodman is a leading manufacturer of heating, ventilation, and air conditioning products for residential and light commercial use. The privately owned company was founded in 1975 and is a part...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,579 | 54,186 | 189,418 |
| 2023 Total Population : | 2,647 | 55,183 | 193,017 |
| 2023 Employed Civilian Pop : | 1,260 | 27,557 | 90,484 |
| 2023 Total Businesses : | 411 | 3,072 | 6,765 |
| 2023 Average Household Income : | $ 70,830 | $ 73,074 | $ 70,710 |
| 2023 Total Consumer Spending : | $ 69 M | $ 1473 M | $ 5155 M |
| 2023 Median Age : | 40 | 43 | 44 |
| 2023 Total Households : | 1,134 | 23,171 | 83,627 |
| 2023 Pop Age 25+: Bachelor's Degree : | 268 | 5,681 | 21,137 |
| 2023 Average Home Value : | $ 163,576 | $ 180,224 | $ 176,736 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Rockside Rd | Halle Dr | 2013 | 10,499 | 0.45 mi |
| Canal Road | Fosdick Rd | 2021 | 11,370 | 0.64 mi |
| Rockside Rd | Canal Rd | 2003 | 19,350 | 0.66 mi |
| Canal Rd | Old Rockside Rd | 2003 | 18,700 | 0.69 mi |
| Canal Rd | Rockside Rd | 2003 | 18,000 | 0.72 mi |
| Old Rockside Rd | W Canal Rd | 2010 | 1,726 | 0.74 mi |
| Antenucci Boulevard | 2013 | 13,826 | 0.75 mi | |
| E 98th St | Transportation Blvd | 2013 | 18,292 | 0.78 mi |
| RAMP FROM IR480 EB TO E 98TH ST | E 98th St | 2021 | 8,774 | 0.78 mi |
| RAMP FROM E 98TH ST TO IR480 EB | E 98th St | 2021 | 5,980 | 0.80 mi |
Panama City, FL
Cap Rate 6.50%
Lease NN+
R. Term 7.10 yrs
Size/SF 25,700
Newburgh, NY
Cap Rate 6.00%
Lease Abs NNN
R. Term 9.11 yrs
Size/SF 12,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
