CORPORATE CREDIT BACKING – Backed by a strong corporate guarantee from Core & Main, Inc. (NYSE: CNM), a publicly traded leader in water, wastewater, storm drainage, and fire protection infrastructure distribution, operating over 370 branch locations nationwide with 2024 revenue exceeding $7.4 billion.
STRATEGIC AMARILLO INDUSTRIAL LOCATION – Located just west of downtown Amarillo with immediate access to I-40 and less than five minutes to I-27, the property offers exceptional regional connectivity across the Texas Panhandle. The asset is positioned within a mature industrial corridor long associated with distribution, utility supply, and contractor yard uses—an area characterized by constrained supply and sustained tenant demand, supporting long-term occupancy and rental growth.
TAX-ADVANTAGED INVESTMENT – Located in Texas, an income tax-free state, enhancing after-tax investor returns and overall cash flow efficiency.
ABSOLUTE NNN LEASE STRUCTURE – The lease is structured on an absolute triple-net (NNN) basis, with the tenant responsible for all expenses including CAM, taxes, insurance, and capital repairs, eliminating landlord responsibilities.
BUILT-IN RENT ESCALATIONS – The lease provides for 3.5% annual rent increases, delivering predictable NOI growth and serving as an effective hedge against inflation.