Industrial

HLJ Foam Products

Milan, TN

Asking Price

$850,000

Cap Rate

7.06%

Leading

Operator

Icon_DollarSign-01

Below

Market Rent

Industrial

Market

Early Extension

New 5-Year Lease

INVESTMENT HIGHLIGHTS

Leading foam fabricator of consumer & industrial products in North America
National contracts with large home furnishing companies: Sam's Club, Costco & Pottery Barn
Below Market Rent
Ability to increase to market rents of ~$2.00 PSF

Located between Memphis & Nashville off of I-40 & just north of Jackson, TN
Milan is home to the largest industrial base in the county with over a dozen major employers
Ford Motor Company & Tyson Chicken have recently invested in the area, bringing optimism to Milan and Gibson County

Exclusively Listed By

James Ullrich, CPA

Senior Vice President
jullrich@northmarq.com 212.292.3134

Michael Macchia

Associate Vice President
mmacchia@northmarq.com 646.801.7962

In Association With
Jason Long

TN license # 351553

Northmarq

180 Madison Ave | Suite 1500
New York, New York 10016

northmarq.com