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Net Lease

H&E Equipment | 3.5% Annual Increases | 10-Yr NNN

4004 15th St E, Bradenton, FL 34208

Listing Price: $4,224,000

Cap Rate
6.25%
Lot Size
2.38 acres
Year Built
1974
Rentable SF
5,364

Investment Overview

10-Year NNN Lease | Est. Commencement Mar. 2024
- Two Five-Year Options | Minimal LL Responsibilities

Located in the Sarasota, Florida MSA
- One of the Fastest Growing MSAs in the Country

Tight Industrial Sub-Market with 2% Vacancy
- High Barrier to Entry for Industrial Outdoor Storage

Convenient Access to Major Roadways
- Highway 301, State Road 70 and Interstate-75

Strong Population Growth | 450,000+ 10-Mile Demos
- Over a 17% Increase in the Past 12 Years

Investment Highlights

  • Corporate Lease with H&E Equipment Services, Inc - Top 5 Equipment Rental Company in the U.S.
  • Tenant is Publicly Traded on the NASDAQ: HEES - $1.81 Billion Market Cap | 132 Locations Nationwide
  • Rare 3.5% Annual Rental Increases - Average 7.33% Return Over the Initial Lease Term

Exclusively Listed By

Financing By

Net Lease

H&E Equipment | 3.5% Annual Increases | 10-Yr NNN

Listing Price: $4,224,000

Cap Rate
6.25%
Lot Size
2.38 acres
Year Built
1974
Rentable SF
5,364

Investment Highlights

  • Corporate Lease with H&E Equipment Services, Inc - Top 5 Equipment Rental Company in the U.S.
  • Tenant is Publicly Traded on the NASDAQ: HEES - $1.81 Billion Market Cap | 132 Locations Nationwide
  • Rare 3.5% Annual Rental Increases - Average 7.33% Return Over the Initial Lease Term

Investment Overview

10-Year NNN Lease | Est. Commencement Mar. 2024 - Two Five-Year Options | Minimal LL Responsibilities Located in the Sarasota, Florida MSA - One of the Fastest Growing MSAs in the Country Tight Industrial Sub-Market with 2% Vacancy - High Barrier to Entry for Industrial Outdoor Storage Convenient Access to Major Roadways - Highway 301, State Road 70 and Interstate-75 Strong Population Growth | 450,000+ 10-Mile Demos - Over a 17% Increase in the Past 12 Years

Exclusively Listed By

Financing By

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