19,600 SF Single-Tenant Industrial Outdoor Storage
Market Price
45900 Old Ox Road, Sterling, VA 20166
19,600 sqft
Building Size
1.76 acres
Lot Area
Details:
Highlights:
- S&P 500 CREDIT TENANT: 100% net-leased to United Rentals Realty, LLC (world’s largest equipment rental company and S&P 500 constituent).
- STRATEGIC DULLES INDUSTRIAL LOCATION: Located in Loudoun County’s supply-constrained Dulles corridor, the property benefits from proximity to Washington Dulles International Airport and strong IOS demand.
- UP TO 6 YEARS OF TERM: One additional 3-year renewal options provide up to six years of remaining term if exercised.
- SUPPLY-CONSTRAINED IOS SITE: 9,600 SF industrial outdoor storage building on 1.76 acres in Loudoun County, minutes from Washington Dulles International
- Airport.
Description:
KSR is exclusively retained to market 45900 Old Ox Road, a 19,600 SF single-tenant industrial outdoor storage (IOS) building on a 1.76-acre lot in Sterling,
Loudoun County, Virginia. The property is strategically located within the supply-constrained Dulles industrial corridor, minutes from Washington Dulles International Airport.
The asset is 100% net-leased to United Rentals Realty, LLC, the world’s largest equipment rental company and an S&P 500 constituent, under a lease originally dated July 13, 2017. The lease provides for 3% annual base rent escalations. United Rentals has recently exercised its second 3-year renewal option and would entertain exercising the final 3-year option, delivering up to six years of remaining contractual term.
This institutional-grade, credit-anchored property offers a stable and growing income stream backed by a premier tenant in a location with strong barriers to new supply.
Documents:
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| Offering Memorandum |
Location
Gallery