Investment Overview

"Marcus & Millichap is pleased to present the opportunity to acquire an industrial service and equipment rental facility located at 130 E. Alton Avenue in East Alton, Illinois, leased to Sunbelt Rentals, Inc., the second largest equipment rental provider in North America with more than 1,200 locations nationwide. The Property consists of approximately 16,800 square feet situated on 1.69 acres and recently underwent substantial tenant-focused improvements, including a full roof replacement, new HVAC systems, upgraded façade, an interior office build-out, and new flooring. Sunbelt just executed their five-year renewal, demonstrating continued commitment to the location. The lease also includes an additional five-year renewal option with a 10 percent rental rate increase. This location is a mission-critical facility for Sunbelt’s industrial services division, supporting a specialized equipment fleet such as chain hoists, hydraulic torque tools, welding equipment, portable lighting, and other project-specific assets. The site services ongoing commercial, industrial, and infrastructure activity throughout the region, while also capturing recurring demand driven by smaller residential improvement needs, creating a reliable and diversified equipment demand stream. Positioned 11 miles from the I-270 and I-255 interchange and 21 miles from downtown St. Louis, the Property provides direct connectivity to key transit corridors and the greater metro area. Sunbelt Rentals is a wholly owned subsidiary of Ashtead Group plc, which holds investment-grade credit ratings from S&P, Fitch, and Moody’s. The company operates over 1,500 locations globally, employs more than 25,000 people, and generates approximately 9.3 billion dollars in U.S. revenue. This offering presents the opportunity to acquire a recently improved industrial facility in a strong logistical location, backed by a high-quality national tenant offering durable income, minimal landlord responsibilities, and long-term real estate fundamentals."