

Hajoca (Keenan-Dahl Supply) - Grand Junction, CO
Hajoca Corp | 10 Year NNN Lease | 3% Annual Increases | Grand Junction, CO
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 13,315 SF Hajoca (Keenan-Dahl Supply) facility located at 2469 Commerce Boulevard in Grand Junction, CO. The offering features a landlord-friendly passive lease structure with strong 3% annual increases and a corporate guarantee from the Hajoca Corporation, one of the largest wholesale distributors of plumbing, heating, pool, and industrial supplies, operating more than 450 locations across North America.
Investment highlights
Strong Corporate Tenant: Lease includes a corporate guarantee from the Hajoca Corporation, the parent company of Keenan-Dahl. Hajoca is one of the largest wholesale distributors of plumbing, heating, pool, and industrial supplies in the US. Founded in 1858, Hajoca has grown to encompass over 450 locations across more than 40 states.
Recent Relocation: Brand new location that was handpicked by the tenant after outgrowing their existing location in the market. The property was recently upgraded with a complete showroom renovation, a new service and sales counter, and new fencing and lighting, as well as other building improvements.
Strong Increases and Passive Lease Structure: Lease offers limited landlord responsibilities and includes 3% annual increases as well as fair market rent clauses at the renewal options to help hedge against inflation.
Strategically Located: Property is located in one of Grand Junction's largest industrial hubs with immediate access to I-70, which serves as Grand Junction's primary east-west artery, allowing the tenant to service the entire market.
Desirable IOS Asset Class: The excess yard space at this location allows for significant industrial outdoor storage (IOS), which is one of the most sought- after asset classes in today’s market.
Notable Nearby Tenants: Including QXO (Beacon Roofing Supply), The Home Depot, Rexel, Lowe’s, White Cap, Republic Services, and Baker Hughes.
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