Strong Corporate Guarantee
- Pool Corporation (NASDAQ: POOL | S&P “A” Credit Rating) is the world’s largest wholesale distributor of swimming pool and outdoor living products, generating over $5.3 billion in 2024 annual revenue. The company operates over 430 sales centers across North America, Europe, and Australia, serving more than 120,000 customers including pool builders, retailers, and service professionals.
Strategic Jackson Location
- Located directly along Interstate 55, the property benefits from daily traffic exceeding ±46,081 vehicles, providing exceptional visibility and accessibility. The site sits in south Jackson’s primary industrial corridor, surrounded by national distributors, service companies, and logistics operators that rely on proximity to major transportation routes serving central Mississippi and the broader Gulf Coast region.
40+ Year Operating History / Recent Acquisition
- In 2024, PoolCorp acquired the wholesale distribution assets of Shoreline Pool Distribution LLC, a trusted regional supplier with over 40 years of continuous operation serving southern Mississippi and Gulf Coast markets. The acquisition reinforces PoolCorp’s long-term commitment to the region and expands its footprint in a well-established customer base.
Value-Add Opportunity
- PoolCorp currently occupies approximately 60% of the total parcel and 75% of the building area, totaling ±11,475 SF of the ±15,300 SF facility. Upon Close of Escrow, the standalone ±3,825 SF building fronting Interstate 55 will become vacant, presenting an investor with the opportunity to enhance NOI through new lease-up in the near term.
Industrial NNN Lease / 2025 Roof Replacement
- Tenant pays its full pro-rata share of taxes, insurance, and CAM, leaving the landlord with virtually no ongoing obligations. The largest building received a full roof replacement in 2025, materially reducing future capital exposure.