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INVESTMENT HIGHLIGHTS
- • Corporate Lease with United Rentals, Inc - Largest Equipment Rental Company in the U.S.
- • Absolute Net Lease with Annual CPI Increases - Zero Landlord Responsibilities | Rare Lease Structure
- • Warehouse Features 3-Ton Crane | 3 Drive-Thru Bays - Property is Also Equipped with Wash Rack
- • Tenant is Publicly Traded on the NYSE: URI - $59 Billion Market Cap | 1,500+ Locations Nationwide
- • Original Build to Suit for Tenant in 2009 - Layout Optimizes Functionality of the Warehouse/Yard
- • 2.29AC Site with Industrial Outdoor Storage (IOS) - Low Coverage Lot | Multiple Points of Ingress/Egress
EXECUTIVE SUMMARY
The property features a corporate lease with United Rentals, Inc., the largest equipment rental company in the United States. The tenant is publicly traded on the New York Stock Exchange under the ticker symbol URI, with a market capitalization of approximately $59 billion and more than 1,500 locations nationwide. The lease is structured as an absolute net lease with annual CPI increases, offering zero landlord responsibilities—a rare and highly desirable arrangement.
Originally built to suit the tenant in 2009, the layout was designed to optimize the functionality of the warehouse and yard. The warehouse includes a 3-ton crane and three drive-thru bays, and the property is also equipped with a wash rack. Situated on a 2.29-acre site with industrial outdoor storage (IOS), the property offers a low coverage lot and multiple points of ingress and egress. The location is within the Miami MSA, the sixth-largest metropolitan area in the United States. Miami-Dade County alone is home to more than 2,830,000 residents.
Originally built to suit the tenant in 2009, the layout was designed to optimize the functionality of the warehouse and yard. The warehouse includes a 3-ton crane and three drive-thru bays, and the property is also equipped with a wash rack. Situated on a 2.29-acre site with industrial outdoor storage (IOS), the property offers a low coverage lot and multiple points of ingress and egress. The location is within the Miami MSA, the sixth-largest metropolitan area in the United States. Miami-Dade County alone is home to more than 2,830,000 residents.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Sale Type | Investment NNN | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2009 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.94/1,000 SF |
| Lot Size | 2.30 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 9,290 SF | Opportunity Zone |
Yes
|
| Zoning | PUN | ||
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.30 AC |
| Rentable Building Area | 9,290 SF |
| No. Stories | 1 |
| Year Built | 2009 |
| Tenancy | Single |
| Parking Ratio | 1.94/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | PUN |
AMENITIES
- Bus Line
- Fenced Lot
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 10-7813-055-0020 | Improvements Assessment | $630,112 |
| Land Assessment | $1,198,500 | Total Assessment | $1,828,612 |
PROPERTY TAXES
Parcel Number
10-7813-055-0020
Land Assessment
$1,198,500
Improvements Assessment
$630,112
Total Assessment
$1,828,612
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United Rentals | 74 SW 6th Ave
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