1401 E HIGHWAY 24 Moberly MO 65270-3688

The Boulder Group is pleased to exclusively market for sale a portfolio of five single tenant properties leased to Groundworks. The portfolio consists of a total 79,239 square feet with a total net operating income of $1,103,389. Each lease features 2.5% annual rental escalations and two 5-year renewal options. This portfolio offers investors the rare opportunity to acquire a stable cash flow of industrial properties at an attractive yield. Each location features a corporate guaranty from Groundworks. The weighted average term remaining is over 9 years.

Groundworks®, headquartered in Virginia Beach, VA., is the nation's leading and fastest-growing foundation and water management solutions company. Groundworks Companies provide residential foundation and water management solutions, including foundation repair, basement waterproofing, crawl space repair and encapsulation, plumbing, gutter installation, and concrete lifting services. Groundworks' combined brands have helped over one million homeowners protect and repair their most valuable asset, their home. Groundworks operates over 50 offices and has been named for six years in a row to the Inc. 5000 Fastest Growing Companies, Qualified Remodeler Top 500, BBB integrity award, and Best Places to Work.

Each Groundworks location serves as the perspective area’s warehouse for tools and supplies including the following metropolitan areas: Indianapolis, Kansas City, Grand Junction, Minneapolis, and Columbia.

• Groundworks®, headquartered in Virginia Beach, VA., is the nation’s leading and fastest-growing foundation and water management solutions company

• As of February 1st, 2023, KKR announced a significant investment in Groundworks as part of a new strategic partnership with KKR

• Annual Rental escalations 2.5% - 3.0%

• Over 9 years of WALT remaining

• Major expansion at Whiteland, IN location ($5,000,000+)

• Corporate Groundworks Guaranty