Bruce Aerospace | Dayton, NV
101 Evans Ave, Dayton, NV 89403
Bruce Aerospace
Description
The property is a single-tenant net-leased investment occupied by Bruce Aerospace, a division of TransDigm Group Inc, a highly profitable public aviation company with a market capitalization exceeding $12 billion. Bruce Aerospace is a company with over 5 decades of experience and is the market leader in aircraft lighting systems. The company operates its headquarters, research & development, and manufacturing facilities at this location.
The facility was originally built for the company and houses its extensive R&D, manufacturing, and corporate offices, and provides for additional room for expansion. The facility has been certified by the FAA, a lengthy process which makes the prospect of the tenant even less likely and extremely cost prohibitive. Further, the tenant pays very low rent at the facility. These factors assure the tenant is EXTREMELY likely to remain at this facility for many years or decades to come
Industrial Property
Price: $
Building Size: 175,336 SF
Price/SF: $
Property Type: Industrial
Property Sub-type: R&D
Additional Sub-types: Industrial-Business Park, Manufacturing, Warehouse
Property Use Type: Net Lease Investment with 5 years left on lease
Cap Rate: 7.50%
Occupancy: 100%
No. Stories: 2
Tenancy: Single
Year Built: 1987
Clear Ceiling Height: 24 ft.
Dock-High Doors/Loading: 3
Drive In/Grade-Level Doors: 2
Lot Size: 11.37 AC
Listing ID: 19445685
Last Updated: 35 days ago
Additional Information
The 175,336 square foot building sits on 11.37 acres on a parcel located directly at the end of the runway of the Dayton Valley Airport, part of the Dayton Park master planned community, a premier fly-in resort community in Northern Nevada with a championship golf course, breathtaking views, and top notch schools. The subject property and industrial buildings within the community are part of the Dayton Valley Industrial Park comprised of 12 light manufacturing and warehouse/distribution facility buildings totaling 982,000 square feet, with its companies employing over 1,000 people. The area of Dayton/Lyon County is widely known for its pro-business environment and features no impact fees, which combined with Nevada's no income tax attracts many companies to the area.