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Single-Tenant Industrial

EquipmentShare Joplin

5430 State Hwy 43, Joplin, MO 64804

Listing Price: $2,307,692

Cap Rate
6.50%
Gross SF
20,412
Price/Gross SF
$113.06
Lot Size
9.35 acres
Year Built
1997
Rentable SF
20,412

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.

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.

Exclusively Listed By

  • Peter Bauman

    Senior Vice President Investments

    (602) 687-6685

    Email Peter

    License(s): AZ: SA647389000, NV: S.0186153

    Phoenix

  • Tivon Moffitt

    Senior Vice President Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00, NE: 20170674

    Phoenix

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Single-Tenant Industrial

EquipmentShare Joplin

Listing Price: $2,307,692

Cap Rate
6.50%
Gross SF
20,412
Price/Gross SF
$113.06
Lot Size
9.35 acres
Year Built
1997
Rentable SF
20,412

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.

Exclusively Listed By

  • Peter Bauman

    Senior Vice President Investments

    (602) 687-6685

    Email Peter

    License(s): AZ: SA647389000, NV: S.0186153

    Phoenix

  • Tivon Moffitt

    Senior Vice President Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00, NE: 20170674

    Phoenix

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

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