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INVESTMENT HIGHLIGHTS
Long-Term Absolute NNN Sale-Leaseback Dale’s Paving Inc. will be executing a new, 20-year absolute triple-net (NNN) lease with zero landlord responsibilities.
High Yield Investment Listed at an 8.5% cap rate with an annualized net income of $130,000 in year 1, the lease includes 2.5% annual rent escalations which hedge against inflation and rising interest rates.
Strong Operating History Dale’s Paving is a third-generation business with a 40+ year operating history, & it's well known as a major provider of paving services in the Ark-La-Tex region.
Mission Critical Real Estate This property was acquired by Dale’s Paving in 2009 to serve as the company’s headquarters, and it has been well equipped to meet the needs of the business.
Industrial Outdoor Storage The 3.35-acre parcel has a building coverage ratio of approximately 6% and provides ample space for materials and equipment storage.
Strong Industrial Market The Bossier Parish industrial submarket has experienced significant rent growth of over 25% in the past 3 years with a low vacancy rate of 3.3%.
Attractive Metro Shreveport-Bossier is a recession-resistant MSA that serves as a hub for logistics, manufacturing, and energy-related industries given its strategic location near the intersection of major interstates I-20 and I-49 and proximity to rail and port access.
