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Investment Highlights
- Robust Demographics - The subject property has a population of 300,883 residents making an average household income of $104,955 within a 5-mile radius.
- Strong Dense Industrial Corridor - Sunstate Equipment is located within Plano’s most populated industrial section in the city.
- 6th Largest Equipment Rental Company in the U.S - Sunstate Equipment Co. is the 6th largest equipment rental company in the United States and the 24th largest in the world. With 40 years of experience, Sunstate Equipment Co. has grown from a single Arizona location to over 60 branches in 12 states.
- Ideal Location - The subject property is located on a 2.89 acre corner lot with a fenced storage.
- Strong Corporate Guarantor - Sumitomo Corporation of Americas (SCOA), is the largest subsidiary of Sumitomo Corporation, one of the worlds largest traders of goods and services.
- Rent Growth With 1.75% Annual Increases - The lease provides a 1.75% annual increases, providing the landlord with a hedge against inflation.
- Sunstate Equipment Co, LLC - Sunstate Equipment provides construction, industrial and special event companies with top quality construction rental equipment and tools. Their reliable service and dedication to their customers continues to help them get their job done efficiently and safely. Sunstate currently has locations in California, Nevada, Utah, Colorado, Arizona, New Mexico, Oklahoma, Texas, Tennessee, Oregon, North Carolina & Florida.
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BY:
Vincent Saucer
•••.•••.5440
•ince@•••••••••••••.com
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