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Single-Tenant Industrial

United Rentals

12104 N Navarro St, Victoria, TX 77904

Listing Price: $2,688,000

Cap Rate
6.25%
Lot Size
5.07 acres
Year Built
2007
Rentable SF
6,450

Investment Overview

•Corporate Lease with United Rentals, Inc
- Largest Equipment Rental Company in the U.S.

•Tenant is Publicly Traded on the NYSE: URI
- $59 Billion Market Cap | 1,500+ Locations Nationwide

•NNN Lease with One 5-Year Renewal Remaining
- 7.5% Rental Increase in Upcoming Option

•Original Build to Suit for Tenant in 2007
- Former RSC Facility | Acquired by United Rentals in 2012

•Nearly 20 Years of Historical Occupancy
- Longstanding Location with Limited Area Competition

•Large 5.07 Acre Parcel | Ample Outdoor Storage
- Low Coverage Lot | Additional Room For Fleet Expansion

•Victoria, TX Known as “Crossroads of South Texas”
- Intersected by Three Major Highways | US 59, 77, & 87

•Strategic Branch Coverage Between Major Markets
- Located between Houston, San Antonio, & Corpus Christi

Investment Highlights

  • Corporate Lease with United Rentals, Inc - Largest Equipment Rental Company in the U.S.
  • Tenant is Publicly Traded on the NYSE: URI - $59 Billion Market Cap | 1,500+ Locations Nationwide
  • NNN Lease with One 5-Year Renewal Remaining - 7.5% Rental Increase in Upcoming Option
  • Original Build to Suit for Tenant in 2007 - Former RSC Facility | Acquired by United Rentals in 2012
  • Nearly 20 Years of Historical Occupancy - Longstanding Location with Limited Area Competition
  • Large 5.07 Acre Parcel | Ample Outdoor Storage - Low Coverage Lot | Additional Room For Fleet Expansion
  • Victoria, TX Known as "Crossroads of South Texas" - Intersected by Three Major Highways | US 59, 77, & 87
  • Strategic Branch Coverage Between Major Markets - Located between Houston, San Antonio, & Corpus Christi

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Single-Tenant Industrial

United Rentals

Listing Price: $2,688,000

Cap Rate
6.25%
Lot Size
5.07 acres
Year Built
2007
Rentable SF
6,450

Investment Highlights

  • Corporate Lease with United Rentals, Inc - Largest Equipment Rental Company in the U.S.
  • Tenant is Publicly Traded on the NYSE: URI - $59 Billion Market Cap | 1,500+ Locations Nationwide
  • NNN Lease with One 5-Year Renewal Remaining - 7.5% Rental Increase in Upcoming Option
  • Original Build to Suit for Tenant in 2007 - Former RSC Facility | Acquired by United Rentals in 2012
  • Nearly 20 Years of Historical Occupancy - Longstanding Location with Limited Area Competition
  • Large 5.07 Acre Parcel | Ample Outdoor Storage - Low Coverage Lot | Additional Room For Fleet Expansion
  • Victoria, TX Known as "Crossroads of South Texas" - Intersected by Three Major Highways | US 59, 77, & 87
  • Strategic Branch Coverage Between Major Markets - Located between Houston, San Antonio, & Corpus Christi

Investment Overview

•Corporate Lease with United Rentals, Inc - Largest Equipment Rental Company in the U.S. •Tenant is Publicly Traded on the NYSE: URI - $59 Billion Market Cap | 1,500+ Locations Nationwide •NNN Lease with One 5-Year Renewal Remaining - 7.5% Rental Increase in Upcoming Option •Original Build to Suit for Tenant in 2007 - Former RSC Facility | Acquired by United Rentals in 2012 •Nearly 20 Years of Historical Occupancy - Longstanding Location with Limited Area Competition •Large 5.07 Acre Parcel | Ample Outdoor Storage - Low Coverage Lot | Additional Room For Fleet Expansion •Victoria, TX Known as “Crossroads of South Texas” - Intersected by Three Major Highways | US 59, 77, & 87 •Strategic Branch Coverage Between Major Markets - Located between Houston, San Antonio, & Corpus Christi

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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