Listed by B+E
$6,934,337
United Rentals
Details
Property Type Office
Sub Type Headquarters, Hq
Square Footage 18,049
Cap Rate 7.5%
NOI $520,075
Occupancy 100%
Tenancy Single
Brand/Tenant United Rentals
Lease Type NNN
Lease Term 15
Lease Expiration 12/31/2034
Remaining Term 8.5
Rent Bumps Yes
Lease Options 2; 5-Year
Price per SqFt $384
Year Built 2010
Acreage 4.720
Zoning Open Commercial
Parking Spaces 100 spaces
Parking per 1,000 SqFt 5.54
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 01/01/2020
United Rentals | Headquarters
Marketing description
Exclusively Listed By:
Chris Guida | Director | 917.451.8294 | [email protected]
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | [email protected]
In association with Jon Nesbitt | MS License #: 23033
Investment highlights
- NNN LEASE | ANNUAL RENT ESCALATIONS
- YAK ACCESS HEADQUARTERS | UNITED RENTALS SUBSIDIARY
- CORPORATE GUARANTEE | UNITED RENTALS | BB+ (S&P) | ± $16.1 BILLION (FY 2025)
- OPPORTUNITY ZONE | CENSUS TRACT 950500
Listing Contacts
Listed by B+E
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$520,075.00
$43,339.58/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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