Net Lease
Sunbelt Rentals - Kissimmee, FL
2982 Michigan Ave, Kissimmee, FL 34744
Listing Price: $4,195,000
Investment Overview
Newly Renovated in 2023 | Retrofit Construction
- Fully Built Out to Tenant’s Specifications
• Sunbelt Rentals New Retail Concept
- Format will Compete with Home Depot & Lowe’s
• Located in the Orlando, Florida MSA
- Fastest Growing MSA in State | Top Tourist Destination
• Strategically Positioned in Dense Retail Corridor
- Surrounded by National Retailers and Developments
• Explosive Population Growth | 250,000 5-Mile Demos
- Nearly 65,000 New Residents Between 2021-2022
• Convenient Access to Major Roadway Arteries
- Osceola Pkwy, FL Tpk, Hwy 441, SR 417 & Orange Ave
Sunbelt Rentals - Kissimmee, FL
Investment Highlights
- Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S.
- Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB-
- 15-Year NN Lease | Est. Commencement Sept. 2023 - Two Five-Year Options | Minimal LL Responsibilities
Listing Price: $4,195,000
Investment Highlights
- Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S.
- Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB-
- 15-Year NN Lease | Est. Commencement Sept. 2023 - Two Five-Year Options | Minimal LL Responsibilities
Investment Overview
Newly Renovated in 2023 | Retrofit Construction - Fully Built Out to Tenant’s Specifications • Sunbelt Rentals New Retail Concept - Format will Compete with Home Depot & Lowe’s • Located in the Orlando, Florida MSA - Fastest Growing MSA in State | Top Tourist Destination • Strategically Positioned in Dense Retail Corridor - Surrounded by National Retailers and Developments • Explosive Population Growth | 250,000 5-Mile Demos - Nearly 65,000 New Residents Between 2021-2022 • Convenient Access to Major Roadway Arteries - Osceola Pkwy, FL Tpk, Hwy 441, SR 417 & Orange Ave
