Sunbelt Rentals West Palm Beach, FL

Status Under Contract
Location 5770 N. Military Trail
Captialilzation Rate 7.45%
Building Size 16,500 SF
Lot Size 4.67 Acres
Lease Type NNN
Term Remaining 4 Years
Price $ 5376000
  • Sunbelt Rentals is a Wholly-Owned Subsidiary of Ashtead Group, PLC with an S&P Credit Rating of “BB+”
  • Lease is Guaranteed by Ashtead Group, PLC
  • Annual CPI Rent Growth with a Floor of Two Percent
  • Extensive Tenant History Dating Back to 2003
  • West Palm Beach’s Population has Grown 6.7 Percent Over the Past Five Years
  • Retail Corridor Surrounded by Walmart, Sam’s Club, and Multiple Quick Serve Restaurants
  • Easy Access to Interstate 95

The subject property is a 16,500-square-foot facility sitting on 4.67 acres located just west of Interstate 95 on North Military Trail. Sunbelt Rentals has occupied this space since 2003, and has approximately 4 years remaining on the lease.

Agent : David Houston

  • 512-338-7834
  • david.houston@marcusmillichap.com
License: TX-615875
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