Industrial    

United Rentals

 Midland, TX

Price:
$2,497,292

Cap Rate:
6.50%

For more details on this exclusive listing

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United Rentals

Corporate Credit

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30% Below

Market Rent

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Fair Market Rent

Renewal Option

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NNN Lease

No Deferred Maintenance

INVESTMENT HIGHLIGHTS

  • United Rentals (NYSE: URI) Best-in-Class Corporate Credit
  • Passive NNN Lease | Minimal Landlord Responsibilities
  • 5+ Years Lease Term Remaining | Long-Term, Contractual Cash Flow
  • Large 5+ Acre Parcel | Dense Industrial Corridor

  • ±30% Below Market Rent | Mark-to-Market Opportunity via FMV Renewal Option
  • High-Growth & Affluent Submarket - 39.5% Pop. Growth (since 2000) | $164k Avg. HH Income (1 mile)
  • New 2018 Construction - No Deferred Maintenance
  • Ideal Permian Basin Customer Base | 43% of All U.S. Oil Production #4 Fastest-Growing U.S. Metro (since 2010)

Exclusively Listed By

Brandon Duff

Managing Director, Senior Vice President
  bduff@northmarq.com      +1 312.240.0162

Mackenzie Wolfgram

Associate Vice President
  mwolfgram@northmarq.com      +1 312.777.2454

Brandt Fuller

Senior Analyst
  bfuller@northmarq.com      +1 312.777.2446

Austin Duff

Senior Associate
  aduff@northmarq.com   

In Association With
Jim Gibson

TX Lic. #392926

Northmarq

303 E. Wacker Drive, Suite 1111
Chicago, IL 60601


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