Willscott Mobile Mini – Absolute NNN Investment with Strong Corporate Guarantee
801 Jetstream Drive, Orlando, FL 32824
Property Description
Price: $18,000,000
Price Per/SF: $334.95
Land Area: ±30.81 Acres
Cap Rate: 4.62%
Gross Leasable Area: ±53,740
Year Built: 2000
Investment Highlights
Absolute NNN
Low Rents Per Acre of Just $2,251 (More Than 70% Below Market)
Strategic Location – Centrally Located in Orlando (Over 732,000 People in a 10-Mile Radius)
Contact Information
Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
craig.elster@marcusmillichap.com
License: CA 01958307
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643
Additional Information
Strong Corporate Guarantee
- Tenant has Over 120 Locations Across 3 Countries with More Than $2 Billion in Annual Revenue
- Tenant is the Industry-Leading North American Provider of Quality Mobile Offices and Portable Storage Units
- Tenant has a Market Cap of $9.11 Billion and is Publicly Traded (NYSE: WSC)
- Rare Absolute NNN Industrial Property – Zero Landlord Responsibilities, Which is Ideal for Investors not Local to the Market
Strong Real Estate Fundamentals
- Dense, Infill Trade Area Only 9 Miles from Downtown – Population Counts Exceed 161,000 Residents Within a 5-Mile Radius
- Located Off of Florida’s Turnpike with Excellent Exposure – Traffic Counts Exceed 72,000 Cars Per Day
- Located Within 5 Miles from Orlando International Airport
- The Subject Property Offers Direct Access to Over 2.7 Million People and the Largest Business Hubs Within the Orlando Metroplex
- Located in an Industrial Area with other National Brands such as Sealy Mattress, Old Dominion Freight Line, Hershey’s, Builders FirstSource, and Many More