TMC Masonry Contractors – Nampa, ID

TMC Masonry Contractors
1301 Madison Avenue, Nampa, ID, USA

We are pleased to exclusively offer for sale the TMC Masonry Contractors Absolute NNN asset sale-leaseback opportunity located in Nampa, ID. This is a rare opportunity to acquire a well-located industrial outdoor storage asset occupied by an established tenant with strong financials secured by a long-term Absolute Triple Net (NNN) Lease with annual increases.

  • Long-Term Operating History & Commitment to Facility: Originally founded in 1977, TMC has nearly 50 years of industry experience and has been operating out of this facility since 1997. At the close of escrow, the tenant will sign a new long-term lease, further showing its commitment to this location.
  • Rare Long Term Absolute Net Industrial: Rare opportunity to acquire a 10+ year Absolute Triple Net (NNN) industrial asset with annual increases located in one of the fastest-growing MSAs in the United States.
  • Close Proximity to Interstate: The facility boasts exceptional accessibility to I-84, a key east-west interstate highway linking Boise and Nampa, Idaho. This strategic location enables seamless service to the entire Boise MSA.
  • Strong Industrial Trade Area: This asset benefits from being located in a thriving industrial trade hub, notable surrounding tenants include ABC Supply, Oldcastle Infrastructure, Mountainland Supply, Rain for Rent, and Lippert Components.
  • Desirable IOS Asset Class: The excess yard space at this location allows for significant industrial outdoor storage (IOS), which is one of the most sought-after asset classes in today’s market.

 

Sands Investment Group, Idaho Company License – Lic. #4771587 In Cooperation With ParaSell, Inc., A Licensed Idaho Broker Lic. # CO50030 BoR: Scott Reid – Lic. #DB47098

TMC Masonry Contractors
1301 Madison Avenue, Nampa, ID, USA

TMC MASONRY CONTRACTORS

TMC Inc. is one of Idaho’s largest masonry contractors specializing in the commercial industry. In the last 23 years, the company has experienced continuing growth and expansion, proving itself to be a viable force in the masonry market. TMC Inc is currently licensed throughout the Pacific and Intermountain Northwest. TMC has invested heavily in equipment and training and is capable of any size masonry projects. For over 30 years TMC has been involved in restoration of buildings listed on the Historical Register. TMC has the experience and depth in skilled tradesmen to maintain facilities. Boise State, St. Luke’s Hospital, St. Alphonsus’ Hospital, Idaho Department of Public Works, and many other institutions involve TMC in repairs and maintenance of their facilities. TMC also takes on specialized and unique masonry installations.

Price

$6,500,000

Cap Rate

6.00%

PREMISES

18,400 SF

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

10 Years From Close of Escrow

Lease Type

Absolute NNN

RENTAL INCREASES

2.00% Annually

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