Tenant: Beacon Roofing Supply | North Port, FL
Premises: 30,000 SF
Renewal Options: 2 x 5 Years
Lease Expiration: 4/30/2034
Lease Type: NN
Rental Increases: 2.35% Annually
Sands Investment Group is Pleased to Present Exclusively For Sale the Newly Constructed Build-to-Suit Beacon Roofing Supply NN Industrial Investment Located at 1075 Gateway Avenue in North Port, Florida. With a Brand New 12.6 Year Double Net (NN) Lease With Attractive 2.35% Annual Rent Increases, Located in the Nation’s 10th Fastest-Growing Population Region, This Opportunity Provides For a Best-of-Class Investment in the Highly Desirable Florida Market.
In Cooperation With SIG RE Services, LLC Lic. # CQ1055229
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of roofing materials and complementary building products in North America, operating over 400 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon is a leading provider of commercial and residential roofing, siding, windows, decking, insulation, specialty lumber, waterproofing, and air barrier systems to the North American building industry. We have supported contractors who rely on us to help them save time and build more for nearly 100 years. Beacon serves an extensive base of over 90,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle.
Our employees throughout North America works to ensure contractors have immediate, local access to the building supplies and roofing products they need, exactly when they need them. Through strategic investments in new technology and an ever-expanding network of locations throughout the United States and Canada, we help contractors save time, manage work more efficiently, and enhance their businesses. Headquartered in Herndon, Virginia, Beacon is the largest publicly traded distributor of roofing materials and complementary building products in the United States and Canada. We are among the oldest and most established distributors in the industry. Beacon’s stock is traded on the NASDAQ Global Select Market under the ticker symbol BECN.
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