Listing Summary
STRONG CORPORATE LEASE WITH PODS ENTERPRISES, LLC •LEADER IN PORTABLE MOVING & STORAGE SOLUTIONS
Full Description
•STRONG CORPORATE LEASE WITH PODS ENTERPRISES, LLC •LEADER IN PORTABLE MOVING & STORAGE SOLUTIONS
•$1.2 BILLION IN REVENUES (2023)
•240 LOCATIONS NATIONWIDE & OVER 3,000 EMPLOYEES
•NEW 10 YEAR MODIFIED NNN LEASE
•3% ANNUAL RENT INCREASES
•PASSIVE INCOME STREAM WITH AGGRESSIVE ANNUAL RENT GROWTH
•INFLATION HEDGE
•AGGRESSIVE CAP RATE GROWTH OVER TERM OF THE LEASE – 7.60% CAP RATE IN YEAR 10
•CLASS “A” INDUSTRIAL WAREHOUSE WITH SECURE YARD SPACE
•NEW 2024 CONSTRUCTION
•REINFORCED CONCRETE TILT-UP CONSTRUCTION
•28 FOOT CLEAR HEIGHT
•STRATEGIC MISSION CRITICAL LOCATION FOR PODS •MOST EASTERN S. CALIFORNIA LOCATION CONNECTS PODS NETWORK
TO PHOENIX & LAS VEGAS MARKETS
•EASY ACCESS TO INTERSTATE 10 (92,000 VPD) CONNECTING TO INLAND EMPIRE
•DESERT HOT SPRINGS – REAPING THE BENEFITS OF INDUSTRIAL WAREHOUSE DEVELOPMENT MOVING EASTWARD
•OVER 3 MILLION SF OF NEW DEVELOPMENT PROJECTS APPROVED
•38% PROJECTED FUTURE JOB GROWTH RATE IN NEXT 10 YEARS
Quick Glance
- Listing ID:
CL-California-14222
- Status:
Active
- Year Build:
2024
- Building Size:
N/A
- Lot Size:
5 Acr
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