US LBM Absolute NNN Lease

705 Old Woman Springs Rd, Yucca Valley, CA 92284

Property Description

Price: $1,127,000
Price Per/SF: $119.13
Land Area: ±1.97 Acres
Cap Rate: 5.50%
Gross Leasable Area: ±9,460 Square Feet
Year Built: 1965

Investment Highlights

  • US LBM: One of the Nation’s Largest Building Materials Distributors
  • In-Place Rent Sits More Than 50% Below Market
  • Low Price Point: Offers Investors a Lower Total Capital Requirement for an Absolute NNN Industrial Asset

Strong Credit Tenant

  • Market Leadership: US LBM Operates Over 460 Locations Across the U.S. with Over $8 Billion in Annual Revenue
  • Well Capitalized: Tenant is Backed by Bain Capital and Platinum Equity
  • E-Commerce & Recession-Resilient: US LBM Business Model Is Well-Suited to Thrive in Various Economic Conditions
  • Positioned Just Off Highway 62, the Area’s Primary Commercial Corridor, With Reported Traffic of 44,500 Cars Per Day and Immediate Access to Yucca Valley’s Core Retail, Civic, Aviation, and School Demand Drivers

Strong Real Estate Fundamentals

  • Highly Desirable Site: The Property Boasts a Rare 1-Acre Lot of Useable Outdoor Storage Space, a Key Feature in Today’s Market
  • Prime Location: Located in Central Yucca Valley with a High Barrier to Entry for New Development
  • Investor-Friendly: This Absolute NNN Industrial Property Offers Zero Landlord Responsibilities, Ideal for Investors Who Are Not Local to the Market

 

 

 

 

 

Contact Information

Craig Elster
Senior Director Investments
(949) 419-3223
[email protected]
License: CA 01958307

Ron Duong
Ron Duong
Senior Managing Director Investments
(949) 419-3233
[email protected]
License: CA 01438643

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