Asking Price: Call for Guidance | NOI: $5.87MM
The Offering
Thomas Company is pleased to offer for sale a 877,616 square foot distribution center located in Harrisburg, Pennsylvania. The property is 100% leased and occupied by leading United States grocery wholesaler, United Natural Foods, Inc., the primary food distributor for Amazon-Whole Foods.
Key Highlights
- Corporate-Guaranteed by United Natural Foods, Inc. (Moody’s: B2, NASDAQ: UNFI), Amazon-Whole Foods’s largest food supplier
- The facility has undergone significant recent capital improvements, with approximately $45 million invested into the property since 2017, including a 2019 freezer expansion
- Long-term absolute triple-net (NNN) lease allows an investor the ability to take ownership with approximately 18.3 years of lease term in place