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Thermo-Tech

Minneapolis, MN

PPAF acquired an interest in a 191,173 SF single-tenant building located in the greater metro market of Minneapolis. The property is 100% leased to Thermo-Tech, a subsidiary of Harvey Industries, a $500mm industrial conglomerate, with a 7.5 year net lease agreement. Projected annual cash-on-cash returns are 15%, with additional benefits of accelerated depreciation, property appreciation low interest financing contribute to a strong cash flowing property.  Minneapolis is a premier distribution market and highly sought after by both corporate occupiers and investors.

191,173 SF

100% Leased

7.5 Year Lease

15% Cash Flow

info@ppafmanagement.com   |   314.441.6107

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