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Net Lease

Sunbelt Rentals - West Monroe, LA

545 Huey Lenard Loop, West Monroe, LA 71292

Listing Price: $1,200,000

Cap Rate
7.00%
Lot Size
3.00 acres
Year Built
2005
Rentable SF
9,200

Investment Overview

• Recent Capital Expenditures - LED Lighting, Showroom, Fully Stabilized Yard, etc. • Former Business Acquired by Sunbelt Q4 2022 - Successful MSO with Decades of Industry Experience • Large Branch Coverage and Increased Market Share - Serves Gap from Shreveport, LA to Jackson, MS • Visibility and Quick Access to Interstate-20 - 61,000+ Vehicles per Day • Steady Population Growth - The Monroe MSA has Increased 10% Since 2010

Investment Highlights

  • Corporate Lease with Sunbelt Rentals | LON: AHT - Second Largest Equipment Rental Company in the U.S
  • Original 5-Year Lease Term | Commenced Nov. 2022 - Three Five-Year Options to Extend
  • Passive Investment with Favorable Lease Structure - Minimal LL Responsibility | 1.5% Annual Increases

Exclusively Listed By

Financing By

Net Lease

Sunbelt Rentals - West Monroe, LA

Listing Price: $1,200,000

Cap Rate
7.00%
Lot Size
3.00 acres
Year Built
2005
Rentable SF
9,200

Investment Highlights

  • Corporate Lease with Sunbelt Rentals | LON: AHT - Second Largest Equipment Rental Company in the U.S
  • Original 5-Year Lease Term | Commenced Nov. 2022 - Three Five-Year Options to Extend
  • Passive Investment with Favorable Lease Structure - Minimal LL Responsibility | 1.5% Annual Increases

Investment Overview

• Recent Capital Expenditures - LED Lighting, Showroom, Fully Stabilized Yard, etc. • Former Business Acquired by Sunbelt Q4 2022 - Successful MSO with Decades of Industry Experience • Large Branch Coverage and Increased Market Share - Serves Gap from Shreveport, LA to Jackson, MS • Visibility and Quick Access to Interstate-20 - 61,000+ Vehicles per Day • Steady Population Growth - The Monroe MSA has Increased 10% Since 2010

Exclusively Listed By

Financing By

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