Net Lease
Sunstate Equipment
661 Frazier Commerce Dr, Conroe, TX 77303
Listing Price: $7,030,400
Investment Overview
• Sale-Leaseback with Sunstate Equipment Co., Inc
- Top 10 Equipment Rental Company in the U.S.
• 10-Year Absolute NNN Lease | 2.5% Rent Bumps
- Zero LL Responsibilities | Three Five-Year Options
• Wholly Owned Subsidiary of Sumitomo Corporation
- $35.5 Billion Market Cap | Publicly Traded TYO: 8053
• High Quality 2024 Build to Suit for Tenant
- Strategic Facility with Proximity to Regional Energy Hubs Serving the Broader Gulf Coast
• Rapidly Expanding Commercial Area + Residential Boom
- Over 1MM SF of New Distribution Space + Nearby Valley Ranch— a 1,400 Acre, Master Planned Community
• Located in the Premier Frazier Commerce Park
- 41 AC Light Industrial Development | National Tenants
• Immediate Access to I-45 | 40 Miles from Houston, TX
- Fifth Most Populous Metro in the US | GDP of $687 Billion
• Among Fastest Growing U.S. Cities - Houston Chronical
- Over 30% Population Growth Since 2020 Census
Sunstate Equipment
Investment Highlights
- Sale-Leaseback with Sunstate Equipment Co., Inc - Top 10 Equipment Rental Company in the U.S.
- 10-Year Absolute NNN Lease | 2.5% Rent Bumps - Zero LL Responsibilities | Three Five-Year Options
- Wholly Owned Subsidiary of Sumitomo Corporation - $35.5 Billion Market Cap | Publicly Traded TYO: 8053
- High Quality 2024 Build to Suit for Tenant - Strategic Facility with Proximity to Regional Energy Hubs Serving the Broader Gulf Coast
- Rapidly Expanding Commercial Area + Residential Boom - Over 1MM SF of New Distribution Space + Nearby Valley Ranch— a 1,400 Acre, Master Planned Community
- Located in the Premier Frazier Commerce Park - 41 AC Light Industrial Development | National Tenants
- Immediate Access to I-45 | 40 Miles from Houston, TX - Fifth Most Populous Metro in the US | GDP of $687 Billion
- Among Fastest Growing U.S. Cities - Houston Chronical - Over 30% Population Growth Since 2020 Census
Listing Price: $7,030,400
Investment Highlights
- Sale-Leaseback with Sunstate Equipment Co., Inc - Top 10 Equipment Rental Company in the U.S.
- 10-Year Absolute NNN Lease | 2.5% Rent Bumps - Zero LL Responsibilities | Three Five-Year Options
- Wholly Owned Subsidiary of Sumitomo Corporation - $35.5 Billion Market Cap | Publicly Traded TYO: 8053
- High Quality 2024 Build to Suit for Tenant - Strategic Facility with Proximity to Regional Energy Hubs Serving the Broader Gulf Coast
- Rapidly Expanding Commercial Area + Residential Boom - Over 1MM SF of New Distribution Space + Nearby Valley Ranch— a 1,400 Acre, Master Planned Community
- Located in the Premier Frazier Commerce Park - 41 AC Light Industrial Development | National Tenants
- Immediate Access to I-45 | 40 Miles from Houston, TX - Fifth Most Populous Metro in the US | GDP of $687 Billion
- Among Fastest Growing U.S. Cities - Houston Chronical - Over 30% Population Growth Since 2020 Census
Investment Overview
• Sale-Leaseback with Sunstate Equipment Co., Inc - Top 10 Equipment Rental Company in the U.S. • 10-Year Absolute NNN Lease | 2.5% Rent Bumps - Zero LL Responsibilities | Three Five-Year Options • Wholly Owned Subsidiary of Sumitomo Corporation - $35.5 Billion Market Cap | Publicly Traded TYO: 8053 • High Quality 2024 Build to Suit for Tenant - Strategic Facility with Proximity to Regional Energy Hubs Serving the Broader Gulf Coast • Rapidly Expanding Commercial Area + Residential Boom - Over 1MM SF of New Distribution Space + Nearby Valley Ranch— a 1,400 Acre, Master Planned Community • Located in the Premier Frazier Commerce Park - 41 AC Light Industrial Development | National Tenants • Immediate Access to I-45 | 40 Miles from Houston, TX - Fifth Most Populous Metro in the US | GDP of $687 Billion • Among Fastest Growing U.S. Cities - Houston Chronical - Over 30% Population Growth Since 2020 Census
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