Industrial & Logistics

Integer Medical Manufacturing Facility

395 S Industrial Blvd Trenton, Georgia United States 30752-2203
Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

Enter the "Deal room" for exclusive documents related to this property.

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1987
Lease Type NN
Current / Passing Rent
Lease Expiration 2031-02-28
Remaining Term 10 years, 4 months
Tenant Accellent, Inc.
Building Area
Land Area

Property Description

JLL is pleased to offer for sale a single tenant industrial medical manufacturing asset leased to Accellent, Inc., dba Lake Region Medical and guaranteed by Greatbatch Ltd., a Maryland Corporation which are both subsidiaries of Integer Holdings Corporation (NYSE: ITGR). The asset, located in Trenton, Georgia, Dade County, went under a complete overhaul in 2016 with significant capital improvements including a new roof, new building exterior facade and new interior finishes.


The property features a rentable area square-foot mix of ISO class 8 clean rooms, white coat lab space, office space and manufacturing/warehouse space. The investment presents the opportunity to acquire an industrial net lease asset with long remaining lease term to the world’s largest medical device outsource manufacturer serving the cardiac, neuromodulation, vascular and portable medical markets, formally known as Greatbatch.


Investment Highlights

  • Fee simple interest
  • NN lease with 2% annual rental increases
  • Limited landlord responsibilities
  • Revenues over $1.2 billion and EBTIDA above $259 million for fiscal year-end 2018
  • Adjusted earnings of $1.20 per share which surpassed estimates of $1.06 by 13.2%
  • Market projected to reach a volume of $210.5 billion by 2027 at an anticipated 11% CAGR
Last Updated Date: 22 Oct 2020
Eric Suffoletto
Eric Suffoletto
Senior Director, Capital Markets
License details
IL-475.14702
Michael J. Sivewright
Michael J. Sivewright
Market Director, Atlanta Region

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 22 Oct 2020

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.