Single-Tenant Industrial
EquipmentShare Joplin
5430 State Hwy 43, Joplin, MO 64804
Listing Price: $2,307,692
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 Joplin, Missouri 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.
Located just a mile south of I-44, and 9 miles southwest of the I-44 and I-49 interchange, the site benefits from exceptional ease of access. Joplin is the center of the 7-County Tri-state region, which encompasses a 40-mile radius with a population of over 400,000, making it Missouri’s fourth largest metropolitan area, and growing, with a 6% population growth in the past five years. This location benefits from a large trade zone, being the only EquipmentShare in the region, with the nearest EquipmentShare located 70 miles away in Springfield.
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 Joplin
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: $2,307,692
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 Joplin, Missouri 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. Located just a mile south of I-44, and 9 miles southwest of the I-44 and I-49 interchange, the site benefits from exceptional ease of access. Joplin is the center of the 7-County Tri-state region, which encompasses a 40-mile radius with a population of over 400,000, making it Missouri’s fourth largest metropolitan area, and growing, with a 6% population growth in the past five years. This location benefits from a large trade zone, being the only EquipmentShare in the region, with the nearest EquipmentShare located 70 miles away in Springfield. 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.
