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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CVS Pharmacy Absolute NNN Lease

CVS Pharmacy | Tifton, GA


Sands Investment Group is Pleased to Present Exclusively the CVS Pharmacy Absolute NNN Lease Investment Opportunity Located at 111 E 8th Street in Tifton, Georgia.

  • ~10 Years Remaining on a 25 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • In August 2020 CVS Installed a Brand-New Roof to the Building Demonstrating Their Long-Term Commitment to the Property
  • CVS Has a 3 Year Rent Holiday Occurring The Last 3 Years of the Initial Term
  • Highly Visible and Trafficked Site, Sitting on a Signalized Hard Corner of Love Avenue and East 8th Street, Which Sees a Combined Traffic Count of Over 13,480 VPD
  • Strong Demographics With Over 30,700 People Making an Average Household Income of $57,820 Within a 5-Mile Radius of the Property
  • Tifton, GA is Considered to Be the Regional Hub of South Georgia
  • Located About 1-Mile From the University of Georgia Southern Campus and Tift Regional Medical Center
  • Limited Competition in the Market
  • Nearby Tenants Include: Domino’s, Family Dollar, Walgreens, Arby’s, Dollar General, Big Lots, Anytime Fitness, Publix, Pizza Hut and More
  • Strong Corporate Guarantee From CVS Caremark (NYSE: CVS), Which Has an S&P Investment Grade Credit Rating of “BBB”
  • CVS is One of the Three Largest Drugstore Chains in the U.S.; The Tenant Has Over 9,900 Locations Across 49 States and Washington D.C., Puerto Rico and Brazil

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

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