Single-Tenant Industrial
US LBM | Absolute NNN Lease
490 E Sunny Dunes Rd, Palm Springs, CA 92264
Listing Price: $1,527,000
Investment Overview
--Strong Credit Tenant
-Market Leadership: US LBM Operates Over 460 Locations Across the U.S. with Over $8 Billion in Annual Revenue
-Well Capitalized: Tenant is Backed by Bain Capital and Platinum Equity
-E-Commerce & Recession-Resilient: US LBM Business Model Is Well-Suited to Thrive in Various Economic Conditions
--Strong Real Estate Fundamentals
-Highly Desirable Site: The Property Boasts a Rare 1.26-Acre Lot of Useable Outdoor Storage Space, a Key Feature in Today’s Market
-Prime Location: Located in Central Palm Springs with a High Barrier to Entry for New Development
-Investor-Friendly: This Absolute NNN Industrial Property Offers Zero Landlord Responsibilities, Ideal for Investors Who Are Not Local to the Market
-High Average Household Income: Average Household Income Within Three Miles Exceeds $108,000, Supporting Local Spending Capacity and Demand for Service-Oriented Commercial and Industrial Uses
Exclusively Listed By
Listing Price: $1,527,000
Investment Highlights
- US LBM: One of the Nation's Largest Building Materials Distributors
- In-Place Rent is Currently More than 50% Below Market Rates
- Low Price Point: Offers Investors a Lower Total Capital Requirement for an Absolute NNN Industrial Asset
Investment Overview
--Strong Credit Tenant -Market Leadership: US LBM Operates Over 460 Locations Across the U.S. with Over $8 Billion in Annual Revenue -Well Capitalized: Tenant is Backed by Bain Capital and Platinum Equity -E-Commerce & Recession-Resilient: US LBM Business Model Is Well-Suited to Thrive in Various Economic Conditions --Strong Real Estate Fundamentals -Highly Desirable Site: The Property Boasts a Rare 1.26-Acre Lot of Useable Outdoor Storage Space, a Key Feature in Today’s Market -Prime Location: Located in Central Palm Springs with a High Barrier to Entry for New Development -Investor-Friendly: This Absolute NNN Industrial Property Offers Zero Landlord Responsibilities, Ideal for Investors Who Are Not Local to the Market -High Average Household Income: Average Household Income Within Three Miles Exceeds $108,000, Supporting Local Spending Capacity and Demand for Service-Oriented Commercial and Industrial Uses
Exclusively Listed By
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