Investment Overview

Marcus & Millichap is please to offer a new 15-year absolute net sale-leaseback with the fourth largest construction equipment rental company. The 15-year lease has annual 1.75 percent increases and two five year options to renew. Located in the industrial sub-market of Logan, UT EquipmentShare will befit from the expected population with is expected to double by 2050. EquipmentShare chose an industrial building totaling 32,881 square feet situated on a approximately 10 acre lot. Headquartered in Columbia, Missouri, EquipmentShare is a nationwide construction solutions provider dedicated to solving industry complexities through smart job site technology and equipment rental, and retail and service centers. EquipmentShare’s cloud-connected operating system, T3, is powered by telematics and machine hardware to give construction and industrial companies a real-time view into their job site and operations. EquipmentShare’s enterprise suite of apps is OEM-agnostic and can track and manage any piece of equipment, regardless of brand, to help fleet managers monitor assets, prevent theft and machine misuse, track employee hours and shifts, and prevent unplanned downtime. EquipmentShare has experienced rapid growth, spurred by the demand for its fleet management technology and equipment solutions. In 2024 alone, EquipmentShare opened 77 new branch locations and acquired thousands of new customers. Today, it is the 4th largest construction equipment company with more than 300 locations, including rental, retail and service locations.