Actuant Corporation

N86 W12500 Westbrook Crossing - Menomonee Falls WI 53051

LTV (Loan to Value)	65.00%	Current NOI	$1,159,666.00
Interest Rate	4.250%	Capital Rate	6.270%
Fixed Term	10 Years	Land Area	6.53 Acres
Amortization	25 Years	Lease Type	Absolute NNN
Loan Amount	$12,025,000.00	Property Type	Office
Payment	$65,144.01	Property Lease	Headquarters
Bulding Size	81,503 SF	Remaining Terms	11 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors an attractive office building located in Menomonee Falls, Wisconsin. Menomonee Falls is part of the Milwaukee–Racine–Waukesha Metropolitan Area with a population of 1,751,316. The property is 100% leased to Actuant Corporation (NYSE: ATU) which holds a BB+/ Stable credit rating from Standard & Poor’s. Actuant Corporation is under a fifteen (15) year lease term with approximately eleven (11) years remaining and 2.0% annual rental increases throughout the base lease term and option periods. The lease features two (2), five (5) year renewal options.

Highlights

100% Leased and Guaranteed by Actuant Corporation (NYSE: ATU) – Actuant Corporation is a 100+ year old company and reported…

Property Description

Menomonee Falls is a village in Waukesha County, Wisconsin, and is part of the Greater Milwaukee area. The population was 35,626 at the 2010 census, making it the most populous village in Wisconsin. It is the fourth largest community in Waukesha County. The village’s slogan is “More than a village”.Menomonee Falls is located 18 miles northwest of Milwaukee, Wisconsin, the largest city in the state. According to 2010 census data, the City of Milwaukee has a population of 594,833. Milwaukee is the main cultural and economic center of the Milwaukee–Racine–Waukesha Metropolitan Area with a population of 1,751,316 as of 2010. Milwaukee is also the regional center of the seven county Greater Milwaukee Area, with an estimated population of 2,014,032 as of 2010.