Net Lease
United Rentals (NYSE: URI) - Largest Equipment Rental Company | SoCal | Recent Lease Extension
1935 Preisker Ln, Santa Maria (SoCal), CA 93454
Listing Price: $4,613,720
Investment Overview
Santa Maria is a city located in Santa Barbara County, California, in the central part of the state. It has a population of around 107,000 people as of the 2020 census, making it the largest city in the county. The Cuty is known for its beautiful scenery and outdoor recreation opportunities, including hiking and camping in the nearby Los Padres National Forest, and visiting the nearby beaches along the Central Coast. It also has a strong agricultural industry, with strawberries, broccoli, lettuce, and wine grapes being some of the major crops grown in the surrounding area. Santa Maria has a rich history, with evidence of human habitation dating back over 10,000 years. It was founded as a Spanish mission in 1769, and has since grown into a bustling city with a diverse population and thriving economy. Santa Maria is also home to several cultural attractions, including the Santa Maria Museum of Flight, the Santa Maria Valley Discovery Museum, and the PCPA Theaterfest, a professional theater company that performs year-round.
United Rentals (NYSE: URI) - Largest Equipment Rental Company | SoCal | Recent Lease Extension
Investment Highlights
- Corp. Tenant on Net Lease Feat. 10% Annual Rental Increases at Each Option. Tenant Extended the Term 10 years in 2021 Demonstrating Strong Commitment to the Location.
- Features Easy Access and Excellent Visibility - Hard Corner Location. Adjacent to N Broadway, which Features Daily Traffic Counts Exceeding 21k Vehicles. In Close Proximity to Hwy-101 (79k+ VPD).
- United Rentals Inc, (NYSE: URI) is Ranked #363 on the Fortune 500 List, Features a Credit Rating of "BB+" by S&P and Annual Revenue Exceeding $11.64 Billion.
- The City has Invested in Infrastructure and Transportation Improvements, including the Expansion of Hwy-101, the Construction of a new Airport Terminal, and the Development of new Commercial and Residential Properties.
- Santa Maria has a thriving Construction and Agricultural Industry, which creates a Demand for Equipment Rental Services. United Rentals is a Leading Equipment Rental Company in the United States.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $81k and over 113k People Residing within a 5-Mile Radius.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Santa Maria's Population has Grown Steadily from about 77,000 in 2000 to more than 107,000 in 2020, Representing a Growth Rate of Approximately 38%. Large Land Tract - The Property sits on Approx. 3.20 Acres Providing both Long-Term Upside and Ample Expansion Capabilities to Accommodate the Tenant's Future needs.
Exclusively Listed By
Financing By
Net Lease
United Rentals (NYSE: URI) - Largest Equipment Rental Company | SoCal | Recent Lease Extension
Listing Price: $4,613,720
Investment Highlights
- Corp. Tenant on Net Lease Feat. 10% Annual Rental Increases at Each Option. Tenant Extended the Term 10 years in 2021 Demonstrating Strong Commitment to the Location.
- Features Easy Access and Excellent Visibility - Hard Corner Location. Adjacent to N Broadway, which Features Daily Traffic Counts Exceeding 21k Vehicles. In Close Proximity to Hwy-101 (79k+ VPD).
- United Rentals Inc, (NYSE: URI) is Ranked #363 on the Fortune 500 List, Features a Credit Rating of "BB+" by S&P and Annual Revenue Exceeding $11.64 Billion.
- The City has Invested in Infrastructure and Transportation Improvements, including the Expansion of Hwy-101, the Construction of a new Airport Terminal, and the Development of new Commercial and Residential Properties.
- Santa Maria has a thriving Construction and Agricultural Industry, which creates a Demand for Equipment Rental Services. United Rentals is a Leading Equipment Rental Company in the United States.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $81k and over 113k People Residing within a 5-Mile Radius.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Santa Maria's Population has Grown Steadily from about 77,000 in 2000 to more than 107,000 in 2020, Representing a Growth Rate of Approximately 38%. Large Land Tract - The Property sits on Approx. 3.20 Acres Providing both Long-Term Upside and Ample Expansion Capabilities to Accommodate the Tenant's Future needs.
Investment Overview
Santa Maria is a city located in Santa Barbara County, California, in the central part of the state. It has a population of around 107,000 people as of the 2020 census, making it the largest city in the county. The Cuty is known for its beautiful scenery and outdoor recreation opportunities, including hiking and camping in the nearby Los Padres National Forest, and visiting the nearby beaches along the Central Coast. It also has a strong agricultural industry, with strawberries, broccoli, lettuce, and wine grapes being some of the major crops grown in the surrounding area. Santa Maria has a rich history, with evidence of human habitation dating back over 10,000 years. It was founded as a Spanish mission in 1769, and has since grown into a bustling city with a diverse population and thriving economy. Santa Maria is also home to several cultural attractions, including the Santa Maria Museum of Flight, the Santa Maria Valley Discovery Museum, and the PCPA Theaterfest, a professional theater company that performs year-round.
Exclusively Listed By
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