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Saint Louis, MO
360 Solutions, LLC
- Address:
- SALE LEASEBACK
- Property Type:
- Sale Leaseback
- Square Feet:
- 440,000 sqft
- Lot Size:
- 13.22 acres
- Year Built:
- 1957/1999
Links
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Marketing Package*
Investment Highlights
Investment Highlights
Investment Highlights
- 440,000 Square Foot Warehouse Leased to Original One Auto Parts and 360 Solutions, LLC, a Full-Line Auto Core Supplier
- 360 Solutions Signed New 10-Year Triple Net Lease at Close of Escrow
- Facilitated 23 Total Acceptable Offers; Exposed Opportunity to Wide Range of Investors with Out-of-Market and In-Market Capital
- Procured Out-of-Market, 1031-Exchange Investor by Driving Competition and Providing Value for Seller Needing Highest Available Market Price
- Able to Accommodate Buyer in Mitigating Risk by Coordinating Two Leases Ultimately Increasing Return On Investment
- Overcame Deferred Maintenance Issues; Helped Coordinate 75 Percent Roof Replacement Contingency Completed During Escrow
- Previous Relationship with Buyer After Working to Match Investment Criteria and Grow Presence in St. Louis Market
- Assisted Seller in Unlocking Equity for Company Growth and Future Expansion with Stable Sale Leaseback
- Challenges Due to Coronavirus Market Effect; Secured Buyer One Month After Contract Fell Through at Start of Pandemic
- Located in Innerbelt E of 170 Industrial Submarket with Low Vacancy Rate
Investment Overview
Marketing Package
Download Marketing Package