Investment Overview

Marcus & Millichap is pleased to present TechnipFMC Plc, a single-tenant industrial asset located at 4461 Business Drive in Cameron Park, California. The Property consists of approximately 51,175 square feet situated on a 5.11-acre parcel, featuring a generous land-to-building ratio that supports a wide range of industrial uses, including industrial outdoor storage (IOS), truck circulation, fleet parking, and future site enhancements. The facility is highly functional and configured for advanced manufacturing, research and development and precision machining, making it adaptable to a broad range of industrial users. Additionally, about two acres of the site remain unimproved, providing a clear value-add component and future development flexibility. The Property is leased on a single-tenant net lease (STNL) basis to TechnipFMC Plc (NYSE: FTI), a global energy services company, offering investors stable income backed by institutional-grade credit in a highly specialized industrial facility. As a leading provider of subsea engineering and offshore energy infrastructure, TechnipFMC Plc boasts approximately $10 billion in annual revenue, $1 billion in net income, $1.8 billion in adjusted EBITDA, and a substantial $16 billion backlog of orders. The tenant has occupied the Property since 2008, demonstrating long-term commitment to the location and operational stability. The lease structure provides minimal landlord responsibilities, while the presence of below-market rents and a shorter remaining lease term creates an opportunity for future mark-to-market adjustments. Combined with an 18 year operating history at the site, the Property offers both stability and long-term upside. As demand rises for specialized manufacturing and technology-driven industrial space, this asset class continues to experience strong growth. Moreover, the combination of institutional tenant credit, flexible industrial functionality, and excess land for expansion positions the Property as a compelling opportunity for 1031 exchange buyers and investors seeking stable income with embedded value-add potential.