Grifol's Biomat USA/Plasma Center

Listing was updated at: 09/23/2019
Property Overview
Price/Rent PSF $ 3,850,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 15,082
Date Available 09/23/2019
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73rd & Broadway. 45 mile south of Chicago

Great 1031 Exchange or Investment Opportunity. The property features a 15,082 SF building leased to Biomat USA, a subsidiary of Grifols, a worldwide company in healthcare. The lease with 7 + years remaining on the initial 10 year term is a modified NNN lease with 2-5 yr. options with minimal landlord responsibilities. The building has been completely remodeled and Grifols has invested several million dollars in their buildout of the facility. Grifols is a leading producer of plasma-derived medicines used to treat rare, chronic and, at times, life-threatening conditions. The property is located in business friendly Merrillville, the commerce center of NW Indiana, just 45 minutes south of Chicago.