White Cap – New Castle, DE

New 7-Year Lease Extension

Large 92,000+ SF GLA

Rare Annual Increases

Industrial Property in Excellent Condition

• Location Serves as the Main Hub for White Cap Serving the Markets of Philadelphia and Baltimore
• Large Lot with Over 15 Acres
• Multiple Buildings with Drive-In Doors and Loading Docks
• 20’ Ceiling Clear Heights
• Tenant has been Operating Successfully at this Location for Over 24 Years

Strong Corporate Guarantee

• NNN Industrial Property with Minimal Landlord Responsibilities, Which is Ideal for an Investor not Local to the Market
• White Cap is a Nationally Recognized Brand with Revenue in Excess of $4 Billion
• White Cap has Over 450 Locations in the USA and Canada
• White Cap is the Leading North American Distributor of a Diverse Mix of Concrete Accessories and Specialty Construction and Safety Products

Pride of Ownership Property in New Castle, DE

• Dense, Infill Area with Over 97,000 Residents within 5 Miles of the Subject Property
• Affluent Area with an Average Household Income Exceeding $117,000 within 2 Miles
• Located in a Industrial Area with a Brand New 1,350,000 SF Amazon Fulfillment Center Just Built North of the Subject Property

Broker of Record: Sean Beuche, Lic #: RB-0031090