Beacon Roofing Supply | 1810 Getwell Rd
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Beacon Roofing Supply 1810 Getwell Rd
47,070 SF Industrial Building Memphis, TN 38111 $5,600,000 ($119/SF) 6.42% Cap Rate
Investment Highlights
- PROXIMITY - Situated 6 Miles From the Memphis International Airport and 13 Miles From Downtown Memphis
- HEDGE AGAINST INFLATION - Secure Investment with 1.5% Annual Increases with Two Seven-Year Option Periods
- MISSION CRITICAL - Only Beacon Roofing Supply within a 85+ Mile Radius, acting as a competitive advantage for this location
- NEWLY RENOVATED AND NEW ROOF - Renovations Completed in 2021 show long-term commitment to location
- DENSE POPULATION - Dense 5-Mile population of 206,553 with an average household income of $70,312
Executive Summary
STRONG CREDIT TENANT - Ranked #449 on the Fortune 500, Beacon Roofing reported over $9 billion in revenue in 2023. Beacon has 500+ Locations and 8,000+ Employees across North America
STRONG GROWTH OUTLOOK - Beacon has reported year-over-year net sales growth for the last 12 quarters highlighting the resiliency of their business model and the necessity of their products
PROMISING EXPANSION TRAJECTORY - In 2023, Beacon acquired 21 branches and opened 28 greenfield locations in key markets enhancing customer reach and service
STRONG GROWTH OUTLOOK - Beacon has reported year-over-year net sales growth for the last 12 quarters highlighting the resiliency of their business model and the necessity of their products
PROMISING EXPANSION TRAJECTORY - In 2023, Beacon acquired 21 branches and opened 28 greenfield locations in key markets enhancing customer reach and service
Property Facts
Amenities
- Bus Line
- Signage
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $142,720 | |
Land Assessment | $175,520 | Total Assessment | $318,240 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$175,520
Improvements Assessment
$142,720
Total Assessment
$318,240
zoning
Zoning Code | C-H (Commercial) |
C-H (Commercial) |
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Beacon Roofing Supply | 1810 Getwell Rd
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