The Greater Shreveport-Bossier ("GSB") Auto Auction is Operated By America's Auto Auction, Which Manages 39 Auction States |
America's Auto Auction is a Portfolio Company of Brightstar Capital Partners; Who Currently Have $4.2B in Total AUM |
The Tenant is Currently Paying $1,000 Per Acre Per Month Which is Well Below the Current Market Rent For the IOS Sector of Nearly $3,000 Per Acre/Mo |
The Tenant Operates Under an Initial 20-Year Absolute NNN Lease Structure at the Property; Leaving No Responsibilities to the Landlord |
The Property Enjoys Quick Access to I-20 and I-49 Which Provides Access to All Major US Markets Within a 40-Hour Drive Time |
The Property is Surrounded By National Logistics and Distribution Operators Like Hyundai Glovis; Averitt; Old Dominion Freight Line; R+L Carriers etc |