Duong Investment Group

SCP Distributors LLC | Superior Pool Products LLC

4055 North Runway Drive, Tucson, AZ 85705

Property Description

Price: $4,478,000
Price Per/SF: $174.92
Land Area: ±2.38 Acres
Cap Rate: 5.75%
Gross Leasable Area: ±25,600 SF
Year Built: 2007

Investment Highlights

Superior Pool Products and National Pool & Tile – are Subsidiaries of PoolCorp (NYSE : POOL) is a Well-Established Industrial Tenant with Locations Both Nationally and Internationally

Arizona has the Most Pool Service Companies Per Capita in the Country and has the Highest Percentage of Pool Ownership with a Pool for Every 13 Residents

High Barrier of Entry to this Area Due to Limited Supply of Inventory

Pool Corp Just Exercised their Second Option Showing a Great Commitment to this Location

 

Strong Corporate Guarantee

  • Tenant has Annual Revenues in Excess of $6 Billion
  • Tenant is the World’s Largest Wholesale Distributor of Swimming Pool Supplies, Equipment and Related Leisure Products
  • Tenant has a Market Cap of $11.39 Billion and is Publicly Traded (NYSE: POOL)
  • Tenant has 350+ Sales Centers and 120,000 Wholesale Customers Worldwide
  • E-Commerce and Recession Proof Tenant

 

Strong Real Estate Fundamentals

  • Dense, Infill Trade Area Only 5 Miles From Downtown – Population Counts Exceed 560,000 Residents Within a 5 Mile Radius
  • Located Off of Arizona’s 10 Freeway with Excellent Accessibility – Traffic Counts Exceed 120,000 Cars Per Day
  • Building in Excellent Condition – Large Lot of Over 2.25 Acres
  • High Ceiling Clearance with a Minimum of 32 Feet
  • Property was Built-To-Suit for PoolCorp in 2008 – Tenant has been Consistently Extending the Lease and Operating Successfully at this Location for 15 Years
  • Excellent Opportunity to Invest in a Tenant with a Nationwide Presence at a Location with a Long Operating History

BROKER OF RECORD:
Ryan Sarbinoff, Lic #: BR675146000

Contact Information

James Andrews
Associate
Net Leased Properties Group
(949) 419-3302
james.andrews@marcusmillichap.com
License: CA 02115272

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