United Rentals Net Lease Industrial Property NN Texas

Make an Offer

Investment Offering

Tenant: United Rentals | Corpus Christi, TX
Premises: 8,200 SF
Renewal Options: 3 x 5 Years

Lease Expiration: 8/31/2024
Lease Type: NN
Rental Increases: 10% at Options

Sands Investment Group is Pleased to Exclusively Offer For Sale the United Rentals Net Lease Industrial Property Located at 2751 State Highway 361 in Corpus Christi (Ingleside), Texas.

United Rentals is the Largest Equipment Rental Company in the World With an Integrated Network of Over 1,186 Locations Worldwide
Tenant Has Made Over $350,000 of Improvements to the Site By Installing a Diesel Fueling Station, Electrical Fencing, Equipment Wash Rack and LED
Landlord Replaced Roof and Exterior Warehouse Sheet Metal in 2018
United Rentals is Strategically Positioned to Provide Services to the Nearby Chemical Plants, Offshore Drilling Companies and Energy Centers
Property is Located Right Off Texas Highway 361, Making it a Very Accessible Site
Demographics – Population of 45,564 Residents Making an Average Household Income of $78,815 Within a 10-Mile Radius
Adjacent to the Whitney Lake Marsh Wildlife Refuge – a 50 Acre Area That Includes Bird Watching, and a Migratory Habitat For Waterfowl, Shorebirds and Many Other Species
Area Attractions Include Several Parks Offering Picnic Areas, Soccer Fields, Hike/Bike Trails and a Skate Park
Ingleside is Situated on the Corpus Christi Bay in South Texas and is Minutes From the Beaches of Port Aransas, Rockport, Mustang Island and Padre Island
Corpus Christi is the 8th Most Populous City in Texas With a Population Over 442,600; The Port of Corpus Christi is the 3rd Largest in the U.S. and Handles Over 6,000 Vessels and Over 80 Million Tons of Cargo Annually
Nearby Tenants Include: Quality Inn, EZPawn, HEB, Valero, Whataburger, U-Haul, Stripes, Dairy Queen, Pizza Hut, Wells Fargo, USPS, Sonic and More

In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview

United Rentals, Inc. (NYSE: URI) is the world's largest equipment rental company, with about 13 percent of the North American market share as of 2019. It owns the largest rental fleet in the world with about 660,000 rental units totaling about $14.2 billion in original equipment cost (OEC). The company has a workforce of approximately 18,800 employees, and operates 1,186 locations across 49 U.S. states, 10 Canadian provinces, Puerto Rico and four European countries. Our branches are fully integrated through technology, allowing them to collaborate on solving customer needs. Today, our company continues to build on its industry leadership with a best-in-class range of resources and the largest customer service network of its kind in North America. United Rentals is primarily a provider of construction and industrial equipment: trucks, aerial work platforms, counterbalance forklifts, reach forklifts, earth movers, compressors, homeowner equipment, and similar devices. Together, these are considered general and aerial rentals, and they make up the bulk of URI's rental fleet and customer base.

Area Overview