Institutional Property Advisors (IPA), a division of Marcus & Millichap, is pleased to present the opportunity to acquire sixteen (16) industrial assets featuring outdoor storage components, fully leased to CrossRoads Building Supply.

The portfolio is leased on an absolute triple-net basis to CrossRoads Building Supply, with a weighted average lease term (WALT) of approximately +/- 5.7, with no lease expirations occurring before May 2030. The properties benefit from below-market rental rates, with all locations featuring a minimum contractual annual rent escalations of 3.0%, ensuring steady income growth.

The portfolio exhibits strong operational performance, with a site-level average EBITDA coverage ratio of 4.71x, underscoring the stability and profitability of the tenant operations.

This absolute net-leased industrial warehouse and outdoor storage portfolio presents investors with a secure cash flow stream, backed by a financially strong tenant supported by a leading global investment firm.

Compelling Upside: The opportunity offers built-in upside through contractual annual rent escalations, allowing investors to achieve increasing yields over time while benefiting from an exceptionally low underlying real estate basis, ensuring long-term value. The portfolio will be transferred free and clear of existing financing, providing flexibility for future ownership.

A rare opportunity to acquire a well-performing, income-generating industrial portfolio with built-in growth potential.