The subject offering affords investors the opportunity to acquire a corporately guaranteed triple net lease property with a stable and sustainable cash flow to hedge against potential inflation. This newly constructed facility is ideally located within thirty miles of Kansas’s top 3 most populous cities and boasts easy access to major thoroughfares. Fortiline recently relocated to the site and expanded to meet the growing production needs of their customer base. The property consists of a 10,000 square foot building situated on a 4 acre lot. This new 4 acre site doubles their outside storage footprint allowing ample room for growth in the future.
Fortiline Waterworks, one of the largest wholesale distributors of underground water, sewer and utility products in the United States, recently executed a 10-year triple net lease with annual 2 percent rent increases beginning in the fourth year and continuing throughout the primary lease term. Fortiline is a wholly owned subsidary of Morsco Supply Co., a leading distributor of waterworks products.
