Sunbelt Rentals

Industrial for Sale
Catylist Listing ID: 30177902
Building Size (RSF): 22,200 SF
Gross Building Area: See Agent
Gross Land Area: 3.62 Acres
Sale Price: $809,900
Unit Price: $36.48 PSF
Ceiling: 12 ft.
Drive In Bays: 1 Bay
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2018

Overview / Comments

Seller has 1031 exchange opportunity. Sunbelt Rentals. One of the largest equipment rental companies in North America with over 625 locations. A rarity in our market... a true NNN lease! Current 5 year term as of September 2017 –August 31 2022. Base rent is $72,000.00 2 Five options attached. In year 1 of first 5 year option, base rent increases to $84,000.00 annual. Seller will release additional information with signed confidentiality agreement . Call Gary to discuss. PLEASE NO CONTACT WITH TENANT!!!

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-20-024-094.007-029
Zoning: M-2
Overhead Cranes: Undisclosed

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,941 88,707 141,489
Median Age: 33.63 37.51 38.23
Households: 5,690 37,376 60,548
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