CHARMAC TRAILER PROPERTY
NNN leased single tenant industrial facility
INVESTMENT SUMMARY
TOK Commercial is pleased to offer for sale this NNN leased single tenant industrial facility. Located in the M-2 (heavy manufacturing zone) industrial district of Twin Falls, Charmac has developed their 7.82 acre property from its initial 6,176 square foot manufacturing shop to a manufacturing plant and storage facility with eight buildings containing over 96,026 square feet. The property has access to the Eastern Idaho Rail line with a rail spur on the north side of the parcel. Charmac is currently using about an acre of land for storage, which can be used for future expansion opportunities. Over the last 50+ years Charmac Trailers has exploded into the trailer market offering quality customizable trailers from most basic utility trailer to live-in horse trailers to elite motorsport toy haulers. Charmac has remained family owned despite its impressive expansion and market growth from local dealers in the Twin Falls Valley to dealers throughout the Western United States, Alaska, and Calvary, Canada. In an effort to capitalize on their continued growth, Charmac is selling their Twin Falls manufacturing facility. Charmac will be leasing back the property for a term of 10 years on an absolute NNN basis at $0.60 psf with three percent annual escalations and additional options to extend to the lease term.
