Net Lease
Sunstate Equipment
16450 US-380, Krum, TX 76249
Listing Price: $3,640,000
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
Recent Acquisition of Equipment Rental Company
- Press Release: AJ Rentals | Eight Years of Operating History
4.00 Acre Site with Industrial Outdoor Storage (IOS)
- 390’ of Frontage on Highway 380 with 15,655 Vehicles Per Day
Close Proximity to Dallas and Fort Worth, Texas
- 4th Largest Metro in the U.S. | $744+ Billion Dollar GDP
Convenient Access to Major Throughfares
- Less than Six Minute Drive to I-35 On Ramps
Strong Population Growth in Denton County
- Over 57% Increase in the Past 15 Years
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
- Recent Acquisition of Equipment Rental Company - Press Release: AJ Rentals | Eight Years of Operating History
- 4.00 Acre Site with Industrial Outdoor Storage (IOS) - 390' of Frontage on Highway 380 with 15,655 Vehicles Per Day
- Close Proximity to Dallas and Fort Worth, Texas - 4th Largest Metro in the U.S. | $744+ Billion Dollar GDP
- Convenient Access to Major Throughfares - Less than Six Minute Drive to I-35 On Ramps
- Strong Population Growth in Denton County - Over 57% Increase in the Past 15 Years
Listing Price: $3,640,000
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
- Recent Acquisition of Equipment Rental Company - Press Release: AJ Rentals | Eight Years of Operating History
- 4.00 Acre Site with Industrial Outdoor Storage (IOS) - 390' of Frontage on Highway 380 with 15,655 Vehicles Per Day
- Close Proximity to Dallas and Fort Worth, Texas - 4th Largest Metro in the U.S. | $744+ Billion Dollar GDP
- Convenient Access to Major Throughfares - Less than Six Minute Drive to I-35 On Ramps
- Strong Population Growth in Denton County - Over 57% Increase in the Past 15 Years
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 Recent Acquisition of Equipment Rental Company - Press Release: AJ Rentals | Eight Years of Operating History 4.00 Acre Site with Industrial Outdoor Storage (IOS) - 390’ of Frontage on Highway 380 with 15,655 Vehicles Per Day Close Proximity to Dallas and Fort Worth, Texas - 4th Largest Metro in the U.S. | $744+ Billion Dollar GDP Convenient Access to Major Throughfares - Less than Six Minute Drive to I-35 On Ramps Strong Population Growth in Denton County - Over 57% Increase in the Past 15 Years
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