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Industrial Flex

Sunbelt Rentals

3211 Antelope Ave, Kearney, NE 68847

Listing Price: $2,500,000

Cap Rate
6.57%
Gross SF
21,900
Price/Gross SF
$114.16
Lot Size
3.11 acres
Year Built
1998
Rentable SF
21,900

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
• Positioned Along the I-80 Corridor | Easy Access
- Less than a 5-Minute Commute to Entrance Ramps
• Part of the Grand Island-Kearney MSA
- Vital Economic Center | Distribution/Logistics Hub
• Former Business Acquired by Sunbelt in 2014
- Acquisition Substantially Grew Tenant’s Nebraska Footprint
• Longstanding Equipment Rental Facility
- Nearly 30 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
  • • Positioned Along the I-80 Corridor | Easy Access - Less than a 5-Minute Commute to Entrance Ramps
  • • Part of the Grand Island-Kearney MSA - Vital Economic Center | Distribution/Logistics Hub
  • • Former Business Acquired by Sunbelt in 2014 - Acquisition Substantially Grew Tenant's Nebraska Footprint
  • • Longstanding Equipment Rental Facility - Nearly 30 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

    (303) 328-2000

    License(s) NE: 20250136

    Nebraska

Financing By

Industrial Flex

Sunbelt Rentals

Listing Price: $2,500,000

Cap Rate
6.57%
Gross SF
21,900
Price/Gross SF
$114.16
Lot Size
3.11 acres
Year Built
1998
Rentable SF
21,900

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
  • • Positioned Along the I-80 Corridor | Easy Access - Less than a 5-Minute Commute to Entrance Ramps
  • • Part of the Grand Island-Kearney MSA - Vital Economic Center | Distribution/Logistics Hub
  • • Former Business Acquired by Sunbelt in 2014 - Acquisition Substantially Grew Tenant's Nebraska Footprint
  • • Longstanding Equipment Rental Facility - Nearly 30 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 • Positioned Along the I-80 Corridor | Easy Access - Less than a 5-Minute Commute to Entrance Ramps • Part of the Grand Island-Kearney MSA - Vital Economic Center | Distribution/Logistics Hub • Former Business Acquired by Sunbelt in 2014 - Acquisition Substantially Grew Tenant’s Nebraska Footprint • Longstanding Equipment Rental Facility - Nearly 30 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

    (303) 328-2000

    License(s): NE: 20250136

    Nebraska

Financing By

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