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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
* By downloading the Marketing Package (Offering Memorandum) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

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