Single-Tenant Industrial
Winsupply | Value-Add Opportunity
6236 Philips Hwy, Jacksonville, FL 32216
Listing Price: $3,855,000
Investment Overview
This property is part of a portfolio of 5 Winsupply properties in Florida. Each property is available individually or all properties can be purchased as a portfolio. Please see page 6 of the offering memorandum for more details.
--High Credit Tenant--
-Exceptional Operational Stability During Market Volatility – Winsupply Has Demonstrated Strong Performance Through the COVID-19 Pandemic and Previous Economic Recessions, Underscoring Its Long-Term Creditworthiness and Operational Durability
-Industry-Leading Market Position — Winsupply Ranks Among the Largest Plumbing and HVAC Distributors in the Country, Serving a Diverse Range of Commercial and Residential Contractors, Which Reduces Dependency on Any Single Customer Segment
--Strong Real Estate Fundamentals--
-Significant Rental Upside — Rents Below Market — Current In-Place Rents Are Significantly Below Market in Most Locations, Providing Substantial Mark-to-Market Potential for Investors Upon Lease Rollover
-Value-Add Timeline Within Reach — All Leases Are Short-Term and Have No Renewal Options, Allowing New Ownership to Reposition or Re-Lease at Full Market Value Within ~4 Years
-Strategic Florida Locations With Growing Demand — Located in High-Growth, Supply-Constrained Florida Submarkets With Strong Industrial Fundamentals and Rising Tenant Demand
-Tenant Commitment — The Tenant’s Operations Are Deeply Rooted in These Communities, With Locations Ideally Suited to Their Business, Minimizing the Likelihood of Relocation
Winsupply | Value-Add Opportunity
Investment Highlights
- Value-Add Opportunity Through Lease Restructuring Short-Term Lease and Below-Market Rent Provide Significant Upside Potential for Investors Seeking to Extend the Term or Re-Tenant at Market Rates
- Attractive Seller Financing Available Flexible Seller-Financed Terms Offered — Contact Broker for Details and Structure
- National Credit Anchor – Leased to Winsupply, a Top 10 U.S. Industrial Distributor With a National Footprint of Over 660 Locations and $5 Billion in Annual Revenue
Listing Price: $3,855,000
Investment Highlights
- Value-Add Opportunity Through Lease Restructuring Short-Term Lease and Below-Market Rent Provide Significant Upside Potential for Investors Seeking to Extend the Term or Re-Tenant at Market Rates
- Attractive Seller Financing Available Flexible Seller-Financed Terms Offered — Contact Broker for Details and Structure
- National Credit Anchor – Leased to Winsupply, a Top 10 U.S. Industrial Distributor With a National Footprint of Over 660 Locations and $5 Billion in Annual Revenue
Investment Overview
This property is part of a portfolio of 5 Winsupply properties in Florida. Each property is available individually or all properties can be purchased as a portfolio. Please see page 6 of the offering memorandum for more details. --High Credit Tenant-- -Exceptional Operational Stability During Market Volatility – Winsupply Has Demonstrated Strong Performance Through the COVID-19 Pandemic and Previous Economic Recessions, Underscoring Its Long-Term Creditworthiness and Operational Durability -Industry-Leading Market Position — Winsupply Ranks Among the Largest Plumbing and HVAC Distributors in the Country, Serving a Diverse Range of Commercial and Residential Contractors, Which Reduces Dependency on Any Single Customer Segment --Strong Real Estate Fundamentals-- -Significant Rental Upside — Rents Below Market — Current In-Place Rents Are Significantly Below Market in Most Locations, Providing Substantial Mark-to-Market Potential for Investors Upon Lease Rollover -Value-Add Timeline Within Reach — All Leases Are Short-Term and Have No Renewal Options, Allowing New Ownership to Reposition or Re-Lease at Full Market Value Within ~4 Years -Strategic Florida Locations With Growing Demand — Located in High-Growth, Supply-Constrained Florida Submarkets With Strong Industrial Fundamentals and Rising Tenant Demand -Tenant Commitment — The Tenant’s Operations Are Deeply Rooted in These Communities, With Locations Ideally Suited to Their Business, Minimizing the Likelihood of Relocation
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
