Sunbelt Rentals

Sunbelt Rentals Triple Net Investment Opportunity
Phoenix MSA, Arizona

This offering presents an excellent opportunity to acquire a Sunbelt Rentals facility located in the high-growth Phoenix Metropolitan Statistical Area. With fee simple ownership, a 10-year absolute triple net lease backed by a corporate guarantee, and a prime industrial parcel strategically positioned near major highways, this property offers investors stable, long-term income from one of the nation’s largest and most respected equipment rental companies. The lease structure provides a truly passive investment with no landlord responsibilities, making it an ideal choice for those seeking predictable cash flow and a strong tenant covenant in a thriving market.

Location and Market Overview
The property is strategically located within the Phoenix MSA, one of the fastest-growing metropolitan areas in the United States. The site benefits from proximity to key transportation corridors including Interstate 10, U.S. Route 60, and the Loop 202 freeway. Daily traffic counts on the main frontage exceed 52,000 vehicles, ensuring excellent visibility and accessibility for both customers and commercial traffic.

Phoenix continues to lead the nation in population growth, with a metro area of more than 4.9 million residents. Its diverse economy includes construction, technology, finance, healthcare, education, and logistics. The strong housing market, significant infrastructure investments, and continued corporate relocations have fueled demand for construction and equipment rental services, making this Sunbelt Rentals facility ideally positioned for long-term success.

Demographics
The surrounding trade area offers strong demographic fundamentals. Within a three-mile radius, the population exceeds 110,000 residents with an average household income of approximately $95,000. Expanding to five miles, the population surpasses 280,000 with average household incomes near $92,000. Phoenix’s steady population growth and high demand for commercial and residential construction provide a reliable customer base for equipment rental operations.

Property Details
The property sits on approximately 4.7 acres, featuring a purpose-built industrial facility totaling 22,000 square feet. The building includes high clear height ceilings, multiple drive-in and dock-high loading bays, and an expansive secured yard for equipment storage and vehicle circulation. The site is designed to accommodate heavy machinery and high-volume customer activity, optimizing efficiency for tenant operations.

Ownership is fee simple, providing the investor with complete control over both land and improvements without the encumbrance of ground lease restrictions.

Lease Structure and Tenant Guarantee
The property is leased to Sunbelt Rentals, Inc. under a triple net (NNN) lease. The tenant is responsible for all property expenses including taxes, insurance, maintenance, and repairs, ensuring a completely passive investment for the landlord.

The lease term is a firm 10 years, offering stability and predictable income. Rental escalations of 2% annually provide steady income growth and inflation protection.

Sunbelt Rentals, a subsidiary of Ashtead Group plc, is one of the largest equipment rental companies in North America with more than 1,200 locations nationwide. Backed by an investment-grade corporate guarantee, the tenant provides exceptional financial security for investors.

Tax Benefits and Bonus Depreciation
This property may qualify for cost segregation benefits, allowing accelerated depreciation on certain building and site components. These tax strategies can enhance after-tax returns when combined with the steady cash flow from the lease.

Surrounding Area and Trade Drivers
Phoenix is a leading market for construction and infrastructure growth, driven by rapid population expansion, robust housing demand, and extensive commercial development. The property is located within an established industrial corridor, surrounded by complementary tenants in distribution, logistics, and service sectors. Proximity to major freeways ensures efficient access to construction projects across the metro area.

Investment Highlights

• Absolute triple net lease with Sunbelt Rentals, Inc., eliminating landlord operational responsibilities.
• 10-year firm lease term with 2% annual rental escalations, providing stable and predictable income growth.
• Corporate guarantee from Sunbelt Rentals, one of the largest equipment rental companies in North America.
• Fee simple ownership of a 4.7-acre industrial parcel with a 22,000-square-foot purpose-built facility.
• Prime Phoenix MSA location with excellent highway access and daily traffic counts exceeding 52,000 vehicles.
• Expansive secured yard designed for heavy equipment storage and efficient operations.
• Strong trade area demographics with average household incomes over $90,000 within five miles.
• Located in one of the fastest-growing metro areas in the U.S., supported by booming construction and infrastructure sectors.
• Attractive financing options supported by tenant creditworthiness and NNN lease structure.

Buyer Profile and Financing
This investment is ideal for 1031 exchange buyers, institutional investors, family offices, and private equity groups seeking a low-management, long-term net lease investment with creditworthy tenancy. The fee simple ownership and corporate-guaranteed NNN lease ensure strong lender appeal and favorable financing terms.

Conclusion
This Sunbelt Rentals facility in the Phoenix MSA offers a secure and attractive net lease investment backed by one of the strongest tenants in the industry. With a 10-year absolute NNN lease, corporate guarantee, annual rent escalations, and a prime hard-to-replicate location, this asset delivers passive, inflation-protected income in one of the most dynamic markets in the country.

Qualified investors are encouraged to request the full offering memorandum, financial details, and acquisition process information.