IOS List - May 30, 2023

Editor’s note: Beyond the pool parties, cookouts, and time off of work, let’s remember those who are always on call. I am sure many of our readers have similar flags in their houses and memories of brave family members.

Good morning. This is IOSList, the megaphone for the industrial outdoor storage industry.

Let’s dive in.

FOR SALE

Ft. Myers, FL - 2.52 acre IOS at 5.00% cap

Colliers is offering this IOS property that is fully leased to United Site Services, national leader in portable toilet and temporary fence rental with 120+ locations nationwide and $300M EBITDA. The property contains two buildings totaling 6,960 SF on 2.52 acres. The lease is absolute NNN with 8.5 years remaining and annual CPI increases. The Ft. Myers industrial submarket boasts a low 1.3% vacancy rate and 10.6% annual rent growth. Asking price is $3,367,000.

For inquiries, reach out to Colliers brokers Jimmy Ullrich at 212-292-3134, Ryan Vaught at 256-656-7215, Michael Macchia at 631-626-5377, Riley Vaught at 813-228-9834, or Jaclyn Love at 918-261-5235.

Winston-Salem, NC - 2.3 acre IOS at 7.70% cap

Marcus & Millichap is offering this IOS property leased to MGX Equipment Services, a subsidiary of Manitowoc Company, Inc. (MYSE: MTW). MGX specializes in engineered lifting solutions (aka: crane sales, rental, repair, training). The lease is a corporate guaranteed, NNN, expiring in 4 years with no renewal options. The site is located in the logistics hub of the NC Triad (Greensboro, Winston-Salem, High Point), is adjacent to rail, and is two blocks to the Forsyth County Smith Reynolds Airport. Nearby neighbors include Waste Management, ABC Supply, Exxon, Sunbelt Rentals, Ahern, and Advance Auto Parts.

Exclusively listed by Marcus & Millichap brokers Rory Shelby at 407-557-3861, Scott Gould at 407-557-3824, and Chris Biuso at 407-557-3841.

Peoria metro, IL - 40 acre barge terminal + IOS development land

Maloof Commercial is offering this unique, three-parcel logistics assemblage in the Peoria, IL metro area along the Illinois River and Interstate 474. Rail is adjacent to all three parcels. Neighbors include ADM Growmark, Creve Coeur’s drinking water and waste water plants, Peoria Lock and Dam, Gavilon Fertilizer, ADM grain terminal, CFI Industrial, Terra Nitrogen Co, and the Army Corp of Engineers. The property offers quick access to major metros: Chicago → Milwaukee, Indianapolis → Cincinnati, St. Louis → Kansas City. Asking price is $2,100,000 and just $52,500 per acre. Link to listing: LINK

For inquiries, reach out to Dan Maloof at 309-693-3000 or [email protected].

Delray Beach, FL - 8 acre warehouse + IOS development site

Lee & Associates is offering this 8.0 acre site with site plan approval to build a 111,300 SF warehouse with excess land for industrial outdoor storage. Newly adopted Commerce Zoning allows for Light Industrial and other uses. Located on just 2.0 miles to the FL Turnpike and 7.0 miles to I-95.

For inquiries, reach out to Bill Domsky at 516-721-0676 or [email protected].

FOR LEASE

Nashville metro (Madison), TN - 4.01 acre storage yard 

This IOS site north of Nashville, TN is a fully graded, partially paved, fully fenced yard zoned IR for truck/trailer parking, material storage, or equipment rental and sales. The site offers great interstate access to I-65 and is in a prominent industrial pocket with neighbors including Precision Fabrics, TWIG America, Dunlap & Kyle Tire, Bedrug, TN Sheet Metal, Tri-Imaging Solutions, Church Paper, Nashville Wraps, and Stephens Pipe & Steel. Link to info: LINK

For leasing inquiries, reach out to Stream Realty brokers Griffin Farriss at 561-676-2601 or Bradley Worthington at 615-517-1386.

Medley (Miami metro), FL - 4.34 acre ISF

ComReal and Triten are offering this 4.34 acre industrial service facility for lease in northwest Miami metro. The site includes 12,720 SF of building space across four structures: office (2,031 SF), maintenance facility (7,000 SF), covered work area (5,740 SF), and paint booth (1,104 SF). The property is 0.4 miles to US 27, 2.3 miles to the FL Turnpike, 2.0 miles to 826 Expressway, 3.0 miles to I-75, 7.9 miles to Miami International (MIA) and 14.0 miles to Port Miami. Zoned M-1 for heavy equipment, truck and auto storage, parking and maintenance. Fenced, lit, and secured. Link to brochure: LINK

For leasing inquiries, please reach out to ComReal brokers Chris Spear at 305-807-7662 and Pat McBride at 305-619-2937.

Gastonia (Charlotte metro), NC - 7 acre IOS

Avison Young and Criterion are offering this 7 acre IOS site available for immediate occupancy and month-to-month leasing option. The site is divisible, fenced, lit, and paved. Easy access to I-85 at Exit 14 just 1 minute away. Address is 1891 Jenkins Dairy Rd, Gastonia, NC 28052. The layout offers wide turning angles and 239 trailer stalls. Easy drives to Charlotte International Airport (CLT) at 22 minutes and downtown Charlotte at 30 minutes.

For leasing inquiries, please reach out to Avison Young brokers Gray Gaines at 704-439-7410 or Abby Smith at 704-287-3172.

FOR SALE OR LEASE - Morrisville, PA - 9.4 acre IOS

Roddy Inc. is offering this 9.40 acre truck parking / outside storage lot for sale or lease. The property offers 175 striped trailer parking stalls (12’ x 60’) with 8” thick reinforced concrete dolly pads over 6” stone base. Paving is 2” wearing course over 4” binder course with an 8” stone base. The site offers potential build-to-suit option for a service or cross-dock facility. Fully illuminated via pole-mounted LED lights. Fenced with 8’ chain link with provision for a guard shack. Two ingress/egress points with keypad operated 8’ high access gates. Strategically located with short distances to major infrastructure: Fairless Hills Terminal (6 miles), Port of Philadelphia (24 miles), Port of Wilmington (55 miles), Port of Newark (64 miles), Port of Baltimore (129 miles), I-95 (4 miles), I-295 (7 miles). Link to listing: LINK 

For leasing inquiries, please reach out to Robert Olender at 215-245-2600 or [email protected].

ATTENTION: YARD DOGS

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CLOSURE