Beacon Roofing Supply – Absolute NNN | 3% Annual Increases
9050 Louisiana Street, Merrillville, IN 46410
Closing Notes
- Short Due Diligence Period of 7 Days
- Sourced a Local Buyer
Property Description
Investment Highlights
New 7-Year Lease Extension
Absolute NNN Lease
Rare 3% Annual Increases
Industrial Property in Excellent Condition
New Paved Asphalt Parking Lot
Large Lot with Over 2.5 Acres Allowing for Expansion in the Future
Located on Interstate 65 with a Traffic Count Exceeding 67,000 CPD, Which Provides for Great Exposure to the Marketplace
Strong Corporate Guarantee
Rare Absolute NNN Industrial Property – Zero Landlord Responsibilities, Which is Ideal for an Investor not Local to the Market
Beacon Roofing Supply is a Publicly Traded Company (NASDAQ: BECN) with Revenue in Excess of $7 Billion
Beacon Roofing Supply has Over 400 Locations in the USA and Canada
Pride of Ownership Property in Merrillville, IN
Dense, Infill Area with Over 88,000 Residents within 5 Miles of the Subject Property
The Subject Property is Located on Interstate 65 which Connects the Following Cities: Birmingham, Nashville, Louisville, Indianapolis, and Chicago
Located in a Dense Industrial Area with other National Brands such as Amazon, Frito-Lay, McCann Industries Inc., TruGreen Lawn Care, Aramark, Cranemasters, SCP Distributors, Orkin, and Many More within Close Proximity to the Subject Property
Broker of Record: Joshua Caruana – License: IN RB14034355
Contact Information
Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
craig.elster@marcusmillichap.com
License: CA 01958307
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643