Trulite Glass & Aluminum Solutions Service Center | Youngsville, NC
Sands Investment Group is Pleased to Present For Sale the Trulite NNN Industrial Asset Located in Youngsville, North Carolina. Extensively Renovated in Late 2015, Trulite Has Been at the Site For 6+ Years and This Location Serves as One of 2 Buildings Making Up The Brand’s Only Operation in the Carolina’s. Located 35-40 Minutes From Both Raleigh and Durham, the Property Enjoys Excellent Positioning to Serve the Bustling and Growing Raleigh Durham Research Triangle. With Approximately 4 Years Left on a 10-Year Triple Net (NNN) Lease Including 2 5-Year Options and 2% Annual Rent Escalations Throughout, This is a Great Opportunity to Invest in Passive Income That Fights Inflation With the Security One of North America’s Largest Architectural Glass and Aluminum Fabricators and Distributors.
- Industry-Leading Tenant – Trulite Glass & Aluminum Solutions is One of North America’s Largest Architectural Glass and Aluminum Fabricators and Distributors; With Its Unmatched Product Line, Trulite Has Created a Total System Approach to Satisfy Virtually Any Architectural Glazing Requirement
- Long Term Operating History – Trulite Has Been at This Location For Over 6 Years, Showing Commitment to the Site
- Top MSA – Located 40 Minutes From Both Raleigh and Durham, NC, This Location is Positioned to Benefit From the Growth of the Raleigh-Durham Research Triangle and Serve the Several High Tech and Medical Corporations That Call This Region Home
- Extensive Renovation – Renovated in Late 2015, the Building and Site Has Undergone Extensive Redesign to Suit the Needs of Trulite; Interior Office and Warehouse Renovations, Exterior Roof Repairs and Drive-In Door Additions
- Passive Lease Structure – 3+ Years Remaining on an Initial 10-Year Lease Term, Featuring 2 x 5 Year Options and 2% Annual Rent Escalations Throughout the Duration of the Lease Offering a Hedge Against Inflation
- Strategic Location – The Youngsville, NC Operation (Two Sites 1-Mile Apart) is the Brand’s Only Operation in the State of North Carolina, and Their Key Manufacturing and Distribution Point For the Mid-Atlantic Region
In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli- Lic. # 310575
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