Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands:...

15
3347 Eagle Run Dr. NE • Grand Rapids, MI 49525 INDUSTRIAL SALE LEASEBACK EXPERTS Tim Kwekel President Direct: (616) 328-5222 Mobile: (616) 293-6924 Web: www.kwekelcompanies.com E-Mail: [email protected] Damon Root Vice President Direct: (616) 328-5116 Mobile: (616) 723-1027 Web: www.kwekelcompanies.com E-Mail: [email protected] PRESENTED BY: MARQUIS YACHTS PORTFOLIO INDUSTRIAL SALE LEASEBACK | 8.5% CAP | 15 YEAR TERM 790 Industrial Park Road, Pulaski, WI 54162 132,278 SF | 19.6 Acres 830-850 E Glenbrook Drive, Pulaski, WI 54162 167,088 SF | 14.99 Acres 308 S Wisconsin Street, Pulaski, WI 54162 66,098 SF | 3.0 Acres 517 E Cedar Street, Pulaski, WI 54162 61,774 SF | 2.8 Acres

Transcript of Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands:...

Page 1: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

3 3 4 7 E a g l e R u n D r . N E • G r a n d R a p i d s , M I 4 9 5 2 5

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S

Tim KwekelPresidentDirect: (616) 328-5222Mobile: (616) 293-6924Web: www.kwekelcompanies.comE-Mail: [email protected]

Damon RootVice PresidentDirect: (616) 328-5116Mobile: (616) 723-1027Web: www.kwekelcompanies.comE-Mail: [email protected]

PRESENTED BY:

MARQUIS YACHTS

PORTFOLIO INDUSTRIAL SALE LEASEBACK | 8.5% CAP | 15 YEAR TERM

790 Industrial Park Road, Pulaski, WI 54162 132,278 SF | 19.6 Acres

830-850 E Glenbrook Drive, Pulaski, WI 54162167,088 SF | 14.99 Acres

308 S Wisconsin Street, Pulaski, WI 5416266,098 SF | 3.0 Acres

517 E Cedar Street, Pulaski, WI 54162 61,774 SF | 2.8 Acres

Page 2: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

TABLE OF CONTENTS

Investment Real EstateBrokerage

OFFERING SUMMARY 3

BUILDING INFORMATION

BUILDING 1

BUILDING 2

BUILDING 3

BUILDING 4

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S

4689

KWEKEL COMPANIES DISCLAIMER 14

KWEKEL COMPANIES TEAM 15

PROPERTY INFORMATION

PROPERTY OUTLINES

ARIAL PHOTOS

REGIONAL MAP

101113

Page 3: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

OFFERING SUMMARY

Investment Real EstateBrokerage

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S

PURCHASE DETAILS Purchase Price: $15,330,000 Price Per SF: $35.88 Lease Price Per SF: $3.05 Cap Rate: 8.5% NOI: $1,303,075 Lease Term: 15 Years Lease Type: NNN Lease Escalator: 2% Lease Commencement: At Close

3

Kwekel Companies presents a portfolio Sale Leaseback consisting of four buildings on behalf of Marquis Yachts located in Pulaski, WI. Marquis Yachts will execute a new 15 year NNN lease at closing.

Marquis Yachts has been fabricating custom order yachts and pleasure boats in Pulaski for over 60 years carrying with it a name that has long been synonymous with “quality” in the industry. The collective capability of this campus allows Marquis to build all their boats from scratch and water test them prior to delivery, even their largest 72’ yacht. Because of Marquis’s quality and capability, Toyota has chosen Marquis to manufacture their new line of Lexus yachts. Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper.

The Pulaski facilities are located less than 15 miles from the Green Bay suburbs and Interstate 43 which leads directly to Milwaukee. The Green Bay metropolitan area is the third largest in Wisconsin and is home to over 300,000 residents.

BRIEF DESCRIPTION

GENERAL INFORMATION Total SF: Industrial SF: Offi ce SF: Year Built: Acreage: Parcel Numbers:

427,238407,00220,2361950-200540.39VP-41-2, VP-43-1,VP-1857, VP-1859

Page 4: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

BUILDING INFORMATION (1)

Investment Real EstateBrokerage

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S 4

BUILDING INFORMATION Square Footage: Industrial SF: Offi ce SF:Ceiling Height:Bldg. Construction:Exterior Surface:Acres:Year Built:Floor:Overhead Doors:Power:Parking Spaces: Zoning:Parcel Number:

790 Industrial Park Road, Pulaski, WI 54162

132,278119,50412,77417’-26’SteelSteel19.61976-19866”16110, 220, 440, 4803401-2 Heavy IndustrialVP-41-2

Page 5: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

INTERIOR PHOTOS

Investment Real EstateBrokerage

5I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S

Page 6: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

BUILDING INFORMATION (2)

Investment Real EstateBrokerage

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S 6

830-850 E Glenbrook Drive, Pulaski, WI 54162

167,088165,3881,70023’-32’SteelSteel14.991986-20056”17110, 220, 440, 4801-2 Heavy IndustrialVP-43-1

BUILDING INFORMATION Square Footage: Manufacturing SF: Offi ce SF:Ceiling Height:Bldg. Construction:Exterior Surface:Acres:Year Built:Floor:Overhead Doors:Power:Zoning:Parcel Number:

Page 7: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

INTERIOR PHOTOS

Investment Real EstateBrokerage

7I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S

Page 8: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

BUILDING INFORMATION (3)

Investment Real EstateBrokerage

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S 8

308 S Wisconsin Street, Pulaski, WI 54162

66,09862,0964,00211’-19’SteelSteel3.01950-19756”10110, 220, 440, 4801-2 Heavy IndustrialVP-1857

BUILDING INFORMATION Square Footage: Industrial SF: Offi ce SF:Ceiling Height:Bldg. Construction:Exterior Surface:Acres:Year Built:Floor:Overhead Doors:Power:Zoning:Parcel Number:

Page 9: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

BUILDING INFORMATION (4)

Investment Real EstateBrokerage

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S 9

517 E Cedar Street, Pulaski, WI 54162

61,77460,0141,76019’-20’Concrete BlocksMasonry2.86”331-2 Heavy IndustrialVP-1859

BUILDING INFORMATION Square Footage: Industrial SF: Offi ce SF:Ceiling Height:Bldg. Construction:Exterior Surface:Acres:Floor:Overhead Doors:Dock Doors:Zoning:Parcel Number:

Page 10: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

PROPERTY OUTLINES

Investment Real EstateBrokerage

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S 10

790 Industrial Park790 Industrial Park

830-850 830-850 East GlenbrookEast Glenbrook

517 East Cedar517 East Cedar

308 South Wisconsin308 South Wisconsin

N

Page 11: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

AERIAL PHOTOS

Investment Real EstateBrokerage

11

Page 12: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

AERIAL PHOTOS

Investment Real EstateBrokerage

12

Page 13: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

REGIONAL MAP

Investment Real EstateBrokerage

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S 13

SUBJECT PROPERTIES

Page 14: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

KWEKEL COMPANIES DISCLAIMER

The information contained in the following Investment Prospectus is proprietary and strictly confi dential. It is intended to be reviewed only by the party receiving it from Kwekel Companies, and should not be made available to any other person or entity without the written consent of Kwekel Companies. This offering memorandum has been prepared to provide summary, unverifi ed information to prospective purchasers, and to establish only a preliminary level of interest in the subject property(s). The information contained herein is not a substitute for a thorough due diligence investigation. Kwekel Companies has not made any investigation, and make no warranty or representation, with respect to the size and square footage of the property(s) and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon. The information contained in this overview has been obtained from sources we believe to be reliable; however neither Kwekel Companies, nor the Seller have verifi ed, and will not verify, any of the information contained herein, nor has Kwekel Companies or Seller conducted any investigation regarding these matters and make no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

Investment Real EstateBrokerage

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S 14

Page 15: Marquis Yachts - OM Long...Marquis’s 450 employees create yachts under the four Marquis brands: Carver, Larson, Marquis, and Striper. The Pulaski facilities are located less than

Investment Real EstateBrokerage

I N D U S T R I A L S A L E L E A S E B A C K E X P E R T S 15

TEAM

Tim is the founder and President of Kwekel Companies. Kwekel Companies is a Real Estate Investment Firm that operates internationally and specializes in the acquisition and disposition of Industrial Investment Real Estate. Tim’s clientele include public and private REITs, Syndicated Investment Groups and Private Investors.

Tim’s experience has given him a broad understanding of the Commercial Real Estate Investment market, with particular emphasis on Industrial Sale Leasebacks. Many Corporations, Financial Institutions, and Law Firms have utilized his expertise as a Real Estate Consultant and Market Analyst.

Tim Kwekel | President

Damon has been a part of Kwekel Companies since its inception and continues to play a vital role in establishing the fi rm as a highly regarded and innovative company. Damon is a long term net lease veteran specializing in the brokerage and sale leaseback of single tenant, net leased assets. Prominent developers, operators, and institutions have utilized his expertise in the acquisition and disposition of properties nationwide. Combining a corporate background with numerous industry awards and designations, Damon has both the experience and knowledge to tackle today’s complex real estate scenarios.

Damon Root | Vice President