| The lease is guaranteed by US LBM Holdings, LLC, one of the largest privately held building materials distributors in the United States |
| US LBM recently renewed the lease through August 2031, leaving approximately 5.3 years remaining on the base term |
| The ±45,000 SF facility sits on ±4.90 acres with only 21.08% site coverage, allowing for ample outdoor storage, circulation |
| The offering provides investors with a 7.75% cap rate backed by a national corporate tenant in a sector |
| Located in Suttons Bay just outside Traverse City, the property benefits from strong regional demographics, affluent surrounding communities |
Louis Murray
Matthews Real Estate Investment Services
