Single-Tenant Industrial
EquipmentShare Beaumont
1170 Montrose Ave, Beaumont, TX 77707
Listing Price: $4,615,385
Investment Overview
Marcus & Millichap is pleased to announce the opportunity to acquire a high performing industrial outdoor storage and equipment rental yard (the “Property” or “Asset”) located in Beaumont, Texas that is leased to EquipmentShare (“Tenant”). EquipmentShare is a nationwide construction solutions provider dedicated to solving industry pain points through smart jobsite technology and equipment rental, retail, and service centers.
Positioned one block south of Hwy 90, the main east/west commercial corridor, and only 5.5 miles from downtown Beaumont and the Port of Beaumont, this site is well located to serve the entire Beaumont market. The Port of Beaumont contributes to significant economic activity in the region is one of the nation’s largest seaports based on tonnage. The area is heavily concentrated in oil refinery as well as manufacturing, these are labor and machine intense industries that EquipmentShare benefits from in addition to traditional construction activities.
The Asset is subject to a long term lease with +/- 10.75 years remaining on an absolute triple net structure with 10% increases every five (5) years over the firm term, and two (2) 5-year extension options. This offering provides investors with the opportunity to receive long-term assured cash flow with a credit-worthy Tenant who is fastest-growing equipment rental company in the United States.
EquipmentShare Beaumont
Investment Highlights
- EquipmentShare is a proven operator with scale. Currently, the business operates 165 locations in the US, employs 4,100+ people and services thousands of annual customers.
- Absolute NNN lease with zero landlord responsibilities making this an ideal investment for out-of-area investors.
- Strong rent escalations throughout the leases term providing investors a hedge against inflation.
Listing Price: $4,615,385
Investment Highlights
- EquipmentShare is a proven operator with scale. Currently, the business operates 165 locations in the US, employs 4,100+ people and services thousands of annual customers.
- Absolute NNN lease with zero landlord responsibilities making this an ideal investment for out-of-area investors.
- Strong rent escalations throughout the leases term providing investors a hedge against inflation.
Investment Overview
Marcus & Millichap is pleased to announce the opportunity to acquire a high performing industrial outdoor storage and equipment rental yard (the “Property” or “Asset”) located in Beaumont, Texas that is leased to EquipmentShare (“Tenant”). EquipmentShare is a nationwide construction solutions provider dedicated to solving industry pain points through smart jobsite technology and equipment rental, retail, and service centers. Positioned one block south of Hwy 90, the main east/west commercial corridor, and only 5.5 miles from downtown Beaumont and the Port of Beaumont, this site is well located to serve the entire Beaumont market. The Port of Beaumont contributes to significant economic activity in the region is one of the nation’s largest seaports based on tonnage. The area is heavily concentrated in oil refinery as well as manufacturing, these are labor and machine intense industries that EquipmentShare benefits from in addition to traditional construction activities. The Asset is subject to a long term lease with +/- 10.75 years remaining on an absolute triple net structure with 10% increases every five (5) years over the firm term, and two (2) 5-year extension options. This offering provides investors with the opportunity to receive long-term assured cash flow with a credit-worthy Tenant who is fastest-growing equipment rental company in the United States.
