3401 Coleman Rd

Strong Corporate Guarantee / Investment Grade Parent Company – Sunbelt Rentals is a leader in the equipment rental industry who continues to expand their presence throughout the country. With over 1,200 locations nationwide, Sunbelt is the second largest equipment rental company in the world with a current valuation of $27.23B. Ashtead Group, Sunbelt’s parent company, is an investment grade tenant (S&P: BBB- Credit Rating).
New Construction / Desirable Asset Class – Completed in 2024 as a build-to-suit for Sunbelt Rentals, this highly functional 12,000 SF facility is situated on 5.68 acres of paved land (4.85% Coverage) allowing for significant Industrial Outdoor Storage (IOS) capabilities – one of the most sought-after asset classes in today’s market.
Long Term Lease / Rental Increases – Sunbelt Rentals, Inc. signed a 10-year Industrial NNN lease in 2024, further portraying their long-term outlook at this facility. The subject lease is also structured with favorable annual rent increases starting in year 4 providing for a strong hedge against inflation.
Strategic Industrial Location / Epicenter of U.S. Transportation Corridor – The subject Sunbelt Rentals property is strategically located at the epicenter of the country’s transportation corridor. Paducah, KY has direct access to the Canadian National Railway & is home to the Paducah-McCracken County Riverport, a major inland/approved Foreign-Trade Zone port. Western Kentucky is considered the hub of the U.S. Inland Waterways due to being positioned right at the confluences of four (4) major Eastern River Systems. This, along with many other factors, make this an ideal location for industrial operations both now & in the future.