555 Gerdau Drive
Mission Critical Industrial Facility | Long Term NNN Lease Single Tenant
Marketing description
555 Gerdau Drive, strategically located in Jackson, Tennessee, is a build-to-suit for Simon & Schuster with a 10-year lease that expires in 2035. One of two distribution centers for a leading global publisher, the Property boasts an ideal location for regional and national distribution. Positioned immediately west of U.S. Hwy 45, which runs from Lake Superior to the Gulf of America, the Property offers convenient access to numerous major logistics corridors including I-40, U.S. Hwy. 412, I-22, as well as I-55 and I-269. Additionally, 555 Gerdau Drive is located within 100 miles of significant regional investment and logistics support such as Ford’s BlueOval City, the FedEx Global Hub, xAI and Google Data Centers, and Memphis International Airport.
Simon & Schuster, founded in 1924 with 1,500 employees globally, was acquired by KKR, a leading global investment firm with $664 billion in assets, in October 2023. 555 Gerdau is an expansion of its Jackson logistics center that includes an adjacent 1M square foot distribution facility.
This well-positioned offering provides a secure and appreciating income stream backed a global tenant with critical operations at the Property.
Investment highlights
302,500 SF BTS Expansion
New Construction - Completed 2025
Single Tenant - Simon & Schuster
Adjacent to Tenant’s 1M SF Distribution Warehouse with Co-Terminous Lease Term (Not Part of Offering)
NNN Lease Structure
2/28/2035 Lease Expiration
Strategic Location with Convenient Access to I-40 Corridor
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