Shreveport, LA - Wesco

Description:

• The tenant Wesco Distribution, Inc., has 4+ years remaining on its lease, with 1 (5-year) option to extend, demonstrating their commitment to the site
• The lease features 3% annual increases throughout the initial term and FMV increases in the remaining option period, steadily growing NOI and hedging against inflation
• Wesco, a publicly traded company headquartered in Pittsburgh, Pennsylvania, is a leading provider of business-to-business distribution, logistics services and supply chain solutions
• Tenant has been at the site since 1964, demonstrating long-term commitment

• The subject property is located directly off of Interstate 20, which sees an average of 107,500 vehicles passing by daily
• The site is strategically located in one of the largest industrial corridors in all of Shreveport