Leased to Packaging Corp/America (formerly Georgia Pacific) since 1978 on long term renewable 5 year leases with current lease expiring in 7/2013.Additional 5 years already negotiated until 7/2018 for a 10 year gross rent of $987,000. Great 1031 exchange potential. Owner maintains exterior and payfirst $2000 of insurance and $1000 maintenance. Wet sprinkler system on a 14 inch main. Tenant pays taxes, insurance, utilities and maintenance.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
