Sunbelt Rentals

Sunbelt Rentals Triple Net Investment Opportunity
Baltimore MSA, Maryland

This offering presents a strong opportunity to acquire a Sunbelt Rentals facility located in the Baltimore Metropolitan Statistical Area. Featuring fee simple ownership, a firm 8-year absolute triple net lease, and a corporate guarantee, this property offers investors reliable income backed by one of the largest and most financially secure equipment rental companies in North America. With zero landlord responsibilities and a prime location in a high-demand industrial corridor, this asset is ideal for those seeking stable cash flow with a trusted tenant in a robust East Coast market.

Location and Market Overview
The property is strategically located within the Baltimore MSA, with direct access to major transportation corridors including Interstate 95, Interstate 695, and Interstate 83. Daily traffic counts on the main frontage exceed 44,000 vehicles, providing excellent visibility and accessibility. This location allows Sunbelt Rentals to efficiently serve the Baltimore metro as well as nearby Washington, D.C., and the broader Mid-Atlantic region.

Baltimore is a major economic hub with a population of nearly 2.9 million in the MSA. Its economy is diverse, with strengths in healthcare, logistics, defense contracting, education, and infrastructure development. Proximity to the Port of Baltimore, one of the busiest deep-water ports in the U.S., as well as three major airports and extensive rail connections, ensures sustained demand for equipment rental services.

Demographics
The trade area surrounding the property benefits from dense population and strong incomes. Within a three-mile radius, the population exceeds 125,000 with average household incomes of approximately $84,000. Expanding to five miles, the population surpasses 315,000 with average household incomes above $80,000. These strong demographics support consistent commercial and residential development, fueling equipment rental demand.

Property Details
The subject property sits on approximately 3.9 acres and includes a modern, purpose-built industrial facility totaling 20,000 square feet. The building features clear height ceilings, multiple drive-in and dock-high loading doors, and an expansive secured yard for heavy equipment storage. The site’s layout is designed to maximize efficiency for both customer traffic and equipment operations, including convenient ingress and egress for large vehicles.

Ownership is fee simple, providing the investor with full rights to both land and improvements without ground lease restrictions, ensuring long-term control and security.

Lease Structure and Tenant Guarantee
The property is leased to Sunbelt Rentals, Inc. under an absolute triple net (NNN) lease. The tenant assumes responsibility for all operating expenses, including property taxes, insurance, maintenance, and structural repairs. This structure provides the landlord with a hands-off, management-free investment.

The lease term is a firm 8 years with built-in 2% annual rental increases, providing steady income growth and inflation protection.

Sunbelt Rentals, a subsidiary of Ashtead Group plc, operates over 1,200 locations across North America and is widely regarded as one of the most reliable tenants in the net lease market. With an investment-grade corporate credit rating, Sunbelt Rentals offers investors exceptional financial security.

Tax Benefits and Bonus Depreciation
Through cost segregation studies, investors may accelerate depreciation on building components and site improvements, improving after-tax returns in combination with steady cash flow.

Surrounding Area and Trade Drivers
Baltimore’s location along the I-95 corridor places it in the heart of one of the nation’s most dynamic commercial regions. The Port of Baltimore, along with extensive distribution, healthcare, and defense contracting activity, drives demand for equipment rentals and industrial facilities. The property is located in a strong industrial corridor surrounded by logistics, distribution, and service-based tenants, enhancing its long-term viability.

Investment Highlights

• Absolute triple net lease with Sunbelt Rentals, Inc., eliminating landlord responsibilities.
• 8-year firm lease term with 2% annual rental increases, delivering stable and growing income.
• Corporate guarantee from Sunbelt Rentals, one of the largest equipment rental companies in North America with investment-grade credit.
• Fee simple ownership of a 3.9-acre parcel with a 20,000-square-foot purpose-built industrial facility.
• Prime Baltimore MSA location with excellent highway access and daily traffic counts exceeding 44,000 vehicles.
• Expansive secured yard designed for heavy equipment storage and efficient operations.
• Dense trade area demographics with average household incomes above $80,000 within five miles.
• Proximity to the Port of Baltimore and major Mid-Atlantic transportation infrastructure.
• Attractive financing terms supported by the tenant’s creditworthiness and lease structure.

Buyer Profile and Financing
This investment is well-suited for 1031 exchange buyers, institutional investors, REITs, family offices, and private equity firms seeking stable, long-term passive income. The combination of fee simple ownership, corporate guarantee, and absolute NNN lease makes the asset highly financeable, offering competitive loan terms. Investors benefit from steady cash flow, annual rent increases, and exposure to one of the East Coast’s strongest industrial markets.

Conclusion
This Sunbelt Rentals facility in the Baltimore MSA offers a premier net lease investment opportunity with long-term income stability, corporate-backed security, and passive ownership benefits. Featuring an 8-year absolute NNN lease, annual rental escalations, and a prime industrial location near major Mid-Atlantic infrastructure, this asset provides an exceptional opportunity for investors seeking inflation-protected cash flow from a creditworthy tenant.

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