Industrial Triple Net Asset

WESCO Distribution, Inc. | Tifton, GA

Sands Investment Group is Pleased to Exclusively Offer For Sale the 64,000 SF Build-to-Suit WESCO Industrial Triple Net Asset Located at 255 Jordan Road in Tifton, Georgia. WESCO has Occupied the Location For 23 Years Illustrating a Strong Commitment to the Site. WESCO Consolidated Its Southern GA Distribution Operations to This Site After the Completion of a 32,000 SF Expansion and Renovation Project Delivered in 2009. Upon Delivery, WESCO Executed a 10 Year Triple Net (NNN) Lease.

  • BUILD-TO-SUIT: This Property is a Build-to-Suit For WESCO Delivered in 1998; WESCO Has Remained a Tenant and Exercised Their First Renewal Option
  • CORPORATE GUARANTEE FROM A NATIONAL CREDIT TENANT: WESCO Distribution Corporately Guarantees the In-Place Lease; WESCO Distribution, Inc. (NYSE: WCC) is a Publicly Traded Company With a $5.4 Billion Market Cap and Annual Sales Over $16 Billion; WESCO Employs Over 18,000 People, Maintains Relationships With 30,000 Suppliers and Serves 125,000+ Customers Worldwide
  • STRONG COMMITMENT TO SITE: Wesco Consolidated Its Southern Georgia Distribution Operations to This Site In 2009 After the Completion of a Major Renovation and Expansion Project Doubling its Size to 64,000 SF
  • PASSIVE INVESTMENT OPPORTUNITY: This Opportunity Presents an Attractive, Passive Triple Net (NNN) Lease Structure With an Initial 10-Year Term Including 3 x 5 Year Options and Rental Increases of 10% Every 5 Years
  • SOLID INDUSTRIAL BUILDING: This is a Great Industrial Building With 22’ Clear Height, 9 Dock-High Doors, 3 Drive-In Doors and ~10,000 SF of Laydown Yard Space Providing an Attractive Design For Major National Distributors; Current Configuration Features Warehouse Space of 61,250 SF (96%) and Office Space of 2,750 SF (4%)
  • STRONG INDUSTRIAL SUBMARKET: Neighboring Industrial Tenants Include: Target Fulfilment Center, Orgill, UPS Freight, Frito-Lay, Averitt Express, Central Transport, Mohawk Industries, Penske, BASF and Ryder Amongst Others
  • STRATEGIC LOCATION ADJACENT TO INTERSTATE-75: Within 2-Miles From Henry TIFT Myers Regional Airport (TMA)

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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