AIRGAS

INVESTMENT HIGHLIGHTS

• LONG-TERM, HIGH-QUALITY TENANT
  • Airgas (Subsidiary of Air Liquide) – A leading industrial, medical, and specialty gas supplier with over 18,000 employees and multi billion annual revenue.
  • Established Presence – The tenant has occupied the property since 1998, demonstrating a long-term commitment to the site.
  • Minimal Landlord Responsibilities – Tenant is responsible for taxes, insurance, and building maintenance.
  • Lease Terms – The current lease expires December 2026, with one 3-year renewal option available.
• PRIME INDUSTRIAL LOCATION
  • Strategic Access – Located next to Highway 99 (±211,300 VPD), ensuring excellent connectivity.
  • High Traffic Visibility – MLK Jr Blvd (±21,000 VPD) & 47th Ave (±27,500 VPD).
  • Surrounded by Major Industrial & Distribution Facilities – Ideal for logistics and supply chain operations.
• PROPERTY FEATURES
  • Building Size & Lot Coverage – ±5,000 SF building on a ±24,000 SF lot (21% FAR).
  • Functional Distribution Design – 4 dock-high doors, fenced, and fully paved yard.
  •  Zoning – General Commercial District, allowing for flexible industrial use.
• RENTAL GROWTH UPSIDE
  • Strong Rental Growth Potential – Positioned in a high-demand industrial submarket.
  • Below Market Rent – Rent is approximately half of the market, leading to future rent growth and upside.