3820 Generosity Ct
Garner, NC 27529
Sunbelt Rentals · Retail Property For Sale

Marcus & Millichap is pleased to present for sale a 15,300 square foot, single-tenant industrial building located in Garner (Raleigh), North Carolina. The subject property was constructed in 2016 and is situated on a large 5.44 acre parcel. The current tenant, Sunbelt Rentals, executed a 16 year, Corporate Guarantee, Triple-Net (NNN) lease in 2016, which features two (2), five (5) year options. Sunbelt Rentals is the second largest equipment rental companies in North America with more than 800 locations. The subject property is conveniently located on Generosity Court just off Jones Sausage Road in Southeast Raleigh, Wake County. The property also has easy access to Interstate 40 (Tom Bradshaw Freeway) with 115,000 vehicles per day. The subject property is the third Sunbelt location to enter and serve the Raleigh market and is the company’s largest location in the region. The property was a built to suit location featuring a large equipment yard, extensive inventory, and an on-site training facility. Roofers Supply of Greenville is located adjacent to the subject property and Pepsi Bottling Ventures and H&E Equipment Services are both located across Generosity Court. Additional points of interest within close proximity to the subject property include United Rentals, Gregory Poole Caterpillar Equipment Company, Bojangles’, Burger King, Dollar General, Family Dollar, Creech Road Elementary School, Barwell Road Elementary School, Walnut Creek Elementary School, and Southeast Raleigh High School. There are approximately 121,106 people within a five (5) mile radius of the subject property and an average household income of more than $58,402 within the same radius.