4 Locations

Please contact Spencer Freid - [email protected] - for additional information.

• Leading Regional Distributor with Defensive End Market Exposure - Tri-State Industrial Supply Company is a regional distributor of industrial and poultry-related maintenance, repair, and operations (MRO) products, serving a diverse base of customers across the Southern United States. The Company operates in highly fragmented and non-discretionary end markets, with demand driven by ongoing maintenance, repair, and replacement activity across industrial facilities and poultry operations, providing stable and recurring revenue streams.

• Mission-Critical Distribution Facilities Supporting Last-Mile Delivery - The portfolio comprises two strategically located sites in Shreveport, Louisiana and Colcord, Oklahoma that collectively support Tri-State's integrated distribution platform. The properties function as a coordinated network of headquarters, primary distribution, and regional fulfillment operations, enabling rapid response times and same-day or next-day delivery to key customers. The Company's service model is highly dependent on proximity to customers and integrated logistics capabilities, making the locations operationally critical and difficult to replicate without disruption. The sites are well-invested and have received over $450k in building improvements and building-related equipment across our properties.

• Strategically Located Industrial Assets Supporting Regional Distribution - The portfolio is strategically located across Shreveport, Louisiana and Colcord, Oklahoma, providing access to key industrial, data center, and poultry production markets throughout the Ark-La-Tex region and Northwest Arkansas corridor. The Shreveport assets benefit from immediate connectivity to I-20, I-49, and I-220, as well as increasing data center-driven economic growth, enabling efficient regional coverage. The Colcord facility is positioned along Highway 412 in close proximity to one of the most concentrated poultry production regions in the United States and the rapidly growing Northwest Arkansas market, anchored by Walmart and Tyson Foods. Together, these locations support Tri-State's last-mile delivery capabilities and are critical to maintaining rapid response times and service levels for its customer base.

• Long-Term Absolute Triple-Net (NNN) Lease with Annual Rent Increases - The Tenant will enter into a new 15-year absolute triple-net (NNN) lease, under which the Tenant is fully responsible for the building structure, maintenance, insurance, real estate taxes, and all other operating expenses, providing the Landlord with a passive, low-maintenance investment. The lease will include annual rent escalations of 3%.