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Industrial Flex

Sunbelt Rentals

1500 23rd St E, Columbus, NE 68601

Listing Price: $1,062,000

Cap Rate
7.00%
Gross SF
10,740
Price/Gross SF
$98.88
Lot Size
1.61 acres
Year Built
1966
Rentable SF
10,740

Investment Overview

• Corporate Lease with Sunbelt Rentals, Inc
- 2nd Largest Equipment Rental Company in the U.S.
• Parent Company Ashtead Group | LON: AHT
- Investment Grade Tenant | Baa3/BBB-
• Original 5-Yr NNN Lease | Minimal LL Responsibilities
- 2% Annual Increases | Recently Exercised 5-Year Option
• Part of the Omaha-Council-Fremont, NE-IA MSA
- Hub of Industrial and Commercial Growth in Northeast NE
• Direct Frontage on Lincoln Highway | 26,255 VPD
- City’s Main Artery that Features Host of National Retailers
• Former Business Acquired by Sunbelt in 2014
- Acquisition Substantially Grew Tenant’s Nebraska Footprint
• Longstanding Equipment Rental Facility
- Over 20 Years of Successful Operating History
• Limited Market Competition | Only National Rental Co.
- Sunbelt Rentals Controls the Local Rental Market

Investment Highlights

  • • Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S
  • • Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB-
  • • Original 5-Yr NNN Lease | Minimal LL Responsibilities - 2% Annual Increases | Recently Exercised 5-Year Option
  • • Part of the Omaha-Council-Fremont, NE-IA MSA - Hub of Industrial and Commercial Growth in Northeast NE
  • • Direct Frontage on Lincoln Highway | 26,255 VPD - City's Main Artery that Features Host of National Retailers
  • • Former Business Acquired by Sunbelt in 2014 - Acquisition Substantially Grew Tenant's Nebraska Footprint
  • • Longstanding Equipment Rental Facility - Over 20 Years of Successful Operating History
  • • Limited Market Competition | Only National Rental Co. - Sunbelt Rentals Controls the Local Rental Market

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s) NE: 20250136

    Nebraska

Financing By

Industrial Flex

Sunbelt Rentals

Listing Price: $1,062,000

Cap Rate
7.00%
Gross SF
10,740
Price/Gross SF
$98.88
Lot Size
1.61 acres
Year Built
1966
Rentable SF
10,740

Investment Highlights

  • • Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S
  • • Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB-
  • • Original 5-Yr NNN Lease | Minimal LL Responsibilities - 2% Annual Increases | Recently Exercised 5-Year Option
  • • Part of the Omaha-Council-Fremont, NE-IA MSA - Hub of Industrial and Commercial Growth in Northeast NE
  • • Direct Frontage on Lincoln Highway | 26,255 VPD - City's Main Artery that Features Host of National Retailers
  • • Former Business Acquired by Sunbelt in 2014 - Acquisition Substantially Grew Tenant's Nebraska Footprint
  • • Longstanding Equipment Rental Facility - Over 20 Years of Successful Operating History
  • • Limited Market Competition | Only National Rental Co. - Sunbelt Rentals Controls the Local Rental Market

Investment Overview

• Corporate Lease with Sunbelt Rentals, Inc - 2nd Largest Equipment Rental Company in the U.S. • Parent Company Ashtead Group | LON: AHT - Investment Grade Tenant | Baa3/BBB- • Original 5-Yr NNN Lease | Minimal LL Responsibilities - 2% Annual Increases | Recently Exercised 5-Year Option • Part of the Omaha-Council-Fremont, NE-IA MSA - Hub of Industrial and Commercial Growth in Northeast NE • Direct Frontage on Lincoln Highway | 26,255 VPD - City’s Main Artery that Features Host of National Retailers • Former Business Acquired by Sunbelt in 2014 - Acquisition Substantially Grew Tenant’s Nebraska Footprint • Longstanding Equipment Rental Facility - Over 20 Years of Successful Operating History • Limited Market Competition | Only National Rental Co. - Sunbelt Rentals Controls the Local Rental Market

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s): NE: 20250136

    Nebraska

Financing By

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