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| Price $5,600,000 | Built/Renov 1973/2021 | Tenant Beacon Roofing Supply |
| Cap Rate 6.42% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
47,070
| Lease Start
05-31-2021
| #Units
539
|
| Price/SF $118.97 | Expiration
05-31-2031
| Tenant Type Industrial |
| NOI $359,429 | R. Term 6.5 | Ownership Fee Simple |
| Rent/SF
$7.64
| Increases 1.5%/1/yrs | Pop 5Mi 206,553 |
| Lot/AC 6.37 | Options 2/7yrs/1.5% | AHHI 5Mi $68,310 |
| | |
Beacon Roofing Supply is strategically located on Getwell Road, surrounded by well-known national tenants including FedEx, Walmart Distribution Center, Ferguson Plumbing Supply, McDonald's, Hertz Car Rental, Family Dollar, and more. Additionally, it is within proximity to the University of Memphis and approximately 6 miles from Memphis International Airport. The 5-mile trade area is supported...
...Recent renovation
Dense retail corridor
Near major nationals
Dense 200M+ pop 5 mi
Top 100 MSA
Income tax free state
Favorable NN+ lease
Annual rent increases
Traded and rated company
Corporate Guarantee
Beacon Roofing Supply, Inc. (aka Beacon Building Products) is the largest publicly traded distributor of roofing materials and complementary building products, such as siding and waterproofing, in...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 11,564 | 85,890 | 200,215 |
| 2024 Total Population : | 11,918 | 88,279 | 205,164 |
| 2024 Employed Civilian Pop : | 4,624 | 39,404 | 95,205 |
| 2024 Total Businesses : | 244 | 3,831 | 10,766 |
| 2024 Average Household Income : | $ 54,704 | $ 69,947 | $ 84,795 |
| 2024 Total Consumer Spending : | $ 205 M | $ 2252 M | $ 6455 M |
| 2024 Median Age : | 32 | 34 | 35 |
| 2024 Total Households : | 4,173 | 36,030 | 85,615 |
| 2024 Pop Age 25+: Bachelor's Degree : | 807 | 9,934 | 27,974 |
| 2024 Average Home Value : | $ 190,506 | $ 261,249 | $ 317,755 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Getwell Rd | 2022 | 2,728 | 0.12 mi | |
| Getwell Rd | 2022 | 3,364 | 0.12 mi | |
| Barr Ave | 2022 | 15,725 | 0.14 mi | |
| Getwell Rd | 2022 | 3,128 | 0.19 mi | |
| Getwell Rd | 2022 | 2,616 | 0.19 mi | |
| Getwell Rd | 2022 | 14,698 | 0.22 mi | |
| Getwell Road | Allenbrooke Cove | 2022 | 40,823 | 0.44 mi |
| Getwell Rd | 2021 | 152,544 | 0.52 mi | |
| Getwell Road | Dunn Ave | 2022 | 27,311 | 0.60 mi |
| American Way | Getwell Rd | 2022 | 11,524 | 0.72 mi |
Starkville, MS
Cap Rate 6.25%
Lease Double NN
R. Term 6.50 yrs
Size/SF 50,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
