1875 Meadowbrook Rd
Benton Harbor, MI 49022
Industrial Property For Sale

Marcus & Millichap is pleased to exclusively represent ABC Supply Company, Incorporated, corporate store, located at 1875 Meadowbrook Road, Benton Harbor, Michigan. ABC Supply Company, Incorporated is the largest wholesale distributor of roofing in the United States and one of the nation's largest distributors of siding, windows, select exterior building products, tools and supplies. The company has grown to over $6 billion in annual sales with over 600 locations serving professional contractors in locations throughout 49 states. The Benton Harbor location was purchased in 2006 from 84 Lumber. After closing, ABC Supply renovated the main building, which includes a showroom, warehouse, office space, and a break room. Clear height in the showroom is 12'. In addition there are three sheds used for inventory storage (approximately 14,900 square feet of buildings on approximately 3.52 acres of land). In December 2016, the company signed a new ten year NN lease with (two) optional five year extension periods. The lease contains 2.5 percent annual rental increases throughout the primary and all renewal options which provides an excellent hedge against inflation. Benton Harbor-Niles MSA has a population of 154,636. It is located 40 miles North of South Bend, Indiana; 80 miles South of Grand Rapids, Michigan; 50 miles East of Kalamazoo and less than 100 miles from Chicago. The Benton Harbor-Niles MSA is a part of the South Bend-Mishawaka Combined Statistical MSA (2015 Population approximately 320,000). This offering provides an investor the opportunity to acquire an investment with a long term lease to a credit rated tenant with a corporate guarantee at an above-market yield.