Investment Overview

Marcus & Millichap, as exclusive advisor, is please to present the property known as Beacon Roofing Supply, located at 1285 W Terra Ln, O’Fallon, MO 63366. With a fresh early extension on the lease, the Seller is completing an expansion of paved yard space and overhang covering at the property to accommodate the Tenant’s need for additional storage during a period of business expansion. The construction is estimated to be complete before the end of July. This property will offer a new investor the opportunity to enjoy steady income backed by a publicly-traded company with a corporate credit rating of “BB-“ (S&P Global Ratings) for the next six years. Currently, the property includes 18,858 square feet of warehouse space located on 8.66 acres. With that extra land, there is ample ability to expand the site in accordance with a Tenant’s needs. Additionally, Beacon Roofing Supply is currently paying a below-market rent that will keep the tenant in place through the lease term and offer the chance to increase cash-flow in future. Finally, the location of this property is across the street from I-70 in St. Charles County, with redundant access to the highway within 120 seconds. Formally part of the St. Louis MSA, the Western County of St. Charles acts as the main economic engine of Missouri, responsible for 6.2% of the GDP of the entire state of Missouri. This area includes an important demographic cross-section of affluent St. Louis workers and blue-collar workers in advanced manufacturing with employers like GMC, Boeing, and True Manufacturing. Ultimately, this land site offers growing potential for last-mile distribution, in addition to industrial yard space.