10-Year Lease with Strong National Tenant: Recently extended lease with US LBM Holdings, LLC, a leading building materials distributor with 400+ loc |
Attractive Net Lease Structure: Minimal landlord responsibilities, ensuring a low-maintenance investment. Landlord roof expense capped at $50,000 |
Long-Standing Site History and Tenant Commitment: The property originally opened as a lumber yard store in March 1968 |
Since 2009 US LBM has been leasing the property demonstrating a 15-year historical tenancy and reinforcing the tenant’s long-term commitment |
Ample Laydown Yard: The property features a large 8.75-acre parcel zoned M1 (Light Industrial/Manufacturing), offering flexibility for future uses |