--National Credit Tenant: Superior Pool Products Is a Subsidiary of PoolCorp (NASDAQ: POOL), the World’s Largest Wholesale Distributor of Swimming Pool Supplies, With a Strong National and International Footprint
--Priced Well Below Replacement Cost: Offered at Just $147 Per Square Foot, Significantly Below the Market Average of $200 Per Square Foot, Presenting Long-Term Value and Basis Security
--Below-Market Rent Provides Downside Protection: With Current Rent at Just $6.84/SF – Less Than Half of the $14–$15/SF Market Rate
--Strong Corporate Guarantee--
-$5+ Billion in Annual Revenue: PoolCorp Generates Over $5 Billion in Annual Revenue, Demonstrating Significant Financial Strength and Long-Term Stability
-Industry-Leading Market Position: PoolCorp Is the World’s Largest Wholesale Distributor of Swimming Pool Supplies, Equipment, and Related Outdoor Living Products
-Publicly Traded With Strong Market Cap: PoolCorp Is Publicly Traded (NASDAQ: POOL) With a Market Capitalization of Approximately $11.5 Billion
-Global Distribution Network: PoolCorp Operates Over 350 Sales Centers and Serves More Than 120,000 Wholesale Customers Worldwide.
E-Commerce and Recession-Resistant: PoolCorp Benefits From Strong E-Commerce Positioning and Has Shown Resilience Through Economic Cycles, Serving a Mix of Construction, Service, and Retail Markets
--Strong Real Estate Fundamentals--
-Highly Desirable Location: Strategically Positioned in a Sought-After Industrial Corridor of Raleigh – One of the Nation's Top 50 MSAs
-Expansion Potential: The Property Sits on a 2.29-Acre Parcel, Offering Space for Future Development or Building Additions
-Investor Friendly: This Net Lease Property Offers Minimal Landlord Responsibilities, Making It Ideal for Out-of-Market Investors
-Ideally Positioned Within a Thriving Industrial Corridor: Anchored by Nationally Recognized Tenants Such as Ferguson, White Cap, Snider Fleet Solutions, BrightView Landscapes, L&W Supply, SafeLite, RH Barringer, Alside, Peterbilt, Graybar, SiteOne Landscape Supply, Johnson Controls, and Others
Broker of Record: Donald Gilchrist – License: 241055