5 Wickers Drive

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5 Wickers Drive

Wolfeboro, NH 03894
Asking Price
$8.00M
Cap Rate
7.41%
Asset Type
Distribution Industrial
Class
Class B

What's Special

Leading Manufacturer Of Injected Molded Products | Absolute NNN | 2% Annual Rent Bumps <ul><li>​Rare Absolute Triple Net (NNN) Industrial Lease | Zero (0) Landlord Responsibilities | The lease of the subject property is a true absolute triple-net with zero landlord responsibilities, offering a prospective landlord with truly passive income which is rare for an industrial asset. </li><li>​Two Percent (2.00%) Rental Increases | Potential Hedge Against Inflation | The lease of the subject property features two percent rental increases annually, offering a future landlord with a poten

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NOI
$80,000
Cap Rate
1.00%
DSCR
0.17
Underwater
Cash-on-Cash
-16.45%
Monthly Payment
$39,554.898
Annual Cash Flow
$-394,658.773

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