Sunbelt Rentals (General Tool) – Newburgh, NY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,000 SF Sunbelt Rentals Located at 226 NY-17K in Newburgh, NY. Sunbelt Rentals Chose This Location Over Others in the Market and Signed a 10-Year Lease Commencing Upon Certificate of Occupancy, Providing For a Secure Investment.
- Investment Grade Credit – Sunbelt Rentals is a Leader in the Equipment Rental Industry Who Continues to Expand Their Presence Throughout the Country; With Over 1,200 Locations Nationwide, Sunbelt is the Second Largest Equipment Rental Company in the World With a Current Valuation of $27.23B; Ashtead Group, Sunbelt’s Parent Company, is an Investment Grade Tenant (S&P: BBB- Credit Rating)
- New Construction Build-To-Suit – Completed in August of 2024 as a Prototype Build-to-Suit For Sunbelt Rentals, This Site Has Been Specifically Designed For the Tenant and Their Needs With Ample Outdoor Storage and Multiple Service Bays
- Large Service Radius – This Site Was Hand Picked By Sunbelt Due to Its Location at the Intersection of I-84 & I-87; This Strategically Located Site Allows Them to Service the 45-60 Mile Radius North of New York City and South of Albany; There Are No Other General Tool Sites in the Area and Give This Branch a Wide Reach and Market to Serve, Promising it to Be a Major Profit Center
- Desirable IOS Asset Class – The Excess Yard Space at This Location Allows For Significant Industrial Outdoor Storage (IOS), Which is One of the Most Sought-After Asset Classes in Today’s Market
- Long Term Commitment – Sunbelt Rentals Chose This Location Over Others in the Market and Signed a 10-Year Lease Commencing Upon Certificate of Occupancy
- Nearby National Tenants – Other National Brands Located Along This Corridor Include Amazon Distribution, FedEx, UPS Air Shipping, Estes Express Trucking, Ryder Truck Rental and a Pilot Travel Center
In Cooperation With SIG RE Services NY LLC – Lic. #10991233211 BoR: Andrew Ackerman – Lic. NY #10491210161
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