Dana Holding Corporation

Acquired: March 08, 2013

5900 Frontage Rd, Leander,
TX 78641, United States

The property is an approximately 45,756 sqft. R&D/Flex industrial building leased by Dana Limited. The property was built in 2013, and the two story office facility was added thereafter for Dana Limited. Dana Limited is a subsidiary of Dana Incorporated, who holds a public non-investment grade rating of “BB+” from Standard & Poor’s. This corporation holds a net worth of $159 million with total assets of $4.3 billion.

Why We Like This Deal

Located in one of our target MSA’s – Austin, TX, with major freeway identity, and access to the educated/high tech workforce of Austin, TX.

NStrong credit tenant with 108 year operating history. The company currently employs 23,100 people and operates in 25 countries, with 3,500 customers in 130 countries.

NNN lease form in which tenant is responsible for all operating expenses excluding roof and structure.

Tenant’s $20M investment in Tenant Improvements and equipment at this site.

The Property is a Class A, R&D/Flex industrial building. This facility is mission critical for Dana as it is the sole research, development and testing facility for Dana Incorporated’s Continuously Variable Transmissions (CVT) system for a full range of vehicles, including passenger cars, forklifts, buses, military and construction vehicles.

$9,140,000

Purchase Price

$663,457

Rental Revenue (/yr.)

$3,676,861

Total REIT Rental Revenue (/yr.)

25+

Participated Members

Current Property Value

Median Gross Yield

Express Interest

Information Package for investors in Tandem PropertyUSA FUND

A case for being able to buy property without taking out a mortgage

First home buyer Loan Assistance

2 Bedroom Flat – New York

Donegal Mutual Insurance Company