United Rentals | Bloomfield, CT
Sands Investment Group is Pleased to Exclusively Offer For Sale the 27,440 SF United Rentals NN Lease Asset Located at 11 Southwood Drive in Bloomfield, CT. This Site Has a Long History of Being Occupied and Used as an Equipment Rental Location. United Rentals Recently Signed a New Lease at This Location With Multiple Options to Renew, Providing For a Secured Investment
- Strong Corporate Guarantee – United Rentals (NYSE: URI) is the Largest Equipment Rental Company in the World With 1,520 Locations in North America and Currently Have a BB+ Credit Rating
- Healthy Rent – This Asset Boasts a Very Replaceable Rent For a Warehouse With Outdoor Storage (See Page 7 For Market Lease Comparables)
- Long-Term Operational History – This Site Has Been Used and Operated as an Equipment Rental Location For the Past 40+Years and United Rentals Recently Signed a New Lease at This Location With Multiple Options to Renew
- Desirable 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
- Room For Expansion – This Opportunity Includes the +/- 1 Acre of Undeveloped Land on the North End of the Parcel, Which Presents the Flexibility to Expand the Facility and Storage Yard in the Case the Tenant Needs More Space
- Strong Demographics – With Approximately 94,000 Residents Within a 5-Mile Radius Making an Average Household Income of Over $113,000
BoR: Andrew Ackerman – Lic. CT #REB.0792529
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