Listed by Matthews
$1,766,000
US LBM - Net Lease Industrial
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 53,796
Cap Rate 8.00%
NOI $141,240
Tenancy Single
Lease Type NNN
Lease Expiration 10/18/2030
Remaining Term 4.3
Rent Bumps Yes
Lease Options 2 five-year options
Price per SqFt $33
Year Built 1974
Acreage 27.120
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/19/2015
Ground Lease No
8.00% CAP | $32/SF | National Tenant
Investment highlights
- SIGNIFICANT RECENT CAPITAL IMPROVEMENTS: The property has benefited from substantial capital investment in recent years. Improvements include the installation of steel racking and a dedicated concrete storage pad supporting engineered wood product inventory, as well as a rear roof replacement completed in 2025. These investments have enhanced the functionality of the facility while reducing near-term capital expenditure requirements for future ownership.
- STRONG CORPORATE GUARANTEE WITH LONG OPERATING HISTORY: The property is leased to US LBM Holdings, LLC, the largest privately held building materials distributor in the United States. US LBM operates more than 460 locations nationwide and generates approximately $6.8 billion in annual revenue. The Williamstown location has served the local building materials market for decades and continues to function as an important component of US LBM's Vermont distribution network, supporting contractors, builders, and professional end users throughout the region.
- RECENTLY RENEWED INDUSTRIAL NNN LEASE WITH SCHEDULED RENT GROWTH: US LBM recently executed a five-year lease renewal through October 2030, reaffirming its long-term commitment to the location. The lease is structured as an Industrial NNN lease with US LBM responsible for taxes, insurance, CAM, paving, HVAC, electrical, mechanical systems, and all day-to-day operating expenses. The lease also includes two five-year renewal options with scheduled rent increases, providing investors with predictable income growth and inflation protection.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$141,240.00
$11,770.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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