CMC Metals 635 Denmark Drive
McCarran, NV 89434
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New Corporate Backed Absolute Net Lease | CMC Metals
Long Term Absolute Net Lease: A new 10 year lease will commence in approximately June of 2022. The lease is absolute net, no landlord responsibilities whatsoever.
Corporate Guaranty: CMC is the United States’ largest manufacturer of steel reinforcing bar and is a global leader in concrete reinforcement. CMC reports Q2 FY22 earnings of $188M and Core EBITDA of $323M. Earnings are up 373% from the same time as the previous year. Annual Revenue stands at approximately $5.476 billion.
Great Hedge Against Inflation: 2% annual rent increases throughout the first 5 years of the main term, 3% annual increases throughout the last 5 years of the main term and 3% annual increases included in the two, 10 year options to extend.
Strong Financials: Part of the S&P 400, CMC’s market Cap is $2.6 trillion as of December 31, 2021
International Brand: Commercial Metals Company (CMC) is headquartered in Irving, TX but has locations across the United States, Europe and Asia.
Close Proximity to Reno, NV: Property is located approximately 20 miles from Reno’s core and is within the Reno/Sparks Metropolitan area with a population of nearly 500,000 and a workforce of more than 250,000 people.
Strategic Location: Located within the Tahoe Reno Industrial Center, the largest of its kind in the United States sitting at 107,000 acres, with prominent corporate distribution centers for Tesla, Walmart, Home Depot, Google, Switch, Apple, FedEx, BlockChains and more. The Industrial Center is equipped with 5 power plants on site producing more than 900 megawatts.
Well Positioned with Easy Access: Property is located just east of USA Parkway which leads to Interstate 80 and the Union Pacific Intercontinental Rail Line only a 5 minute drive to the north. Interstate 80 runs east and west 2,900 miles from San Francisco, CA on the west coast to New York City on the east coast. It is the central logistics corridor to and from the east coast.
Get in touch
Joey Blatner
Lic: NV Lic. # S.0196647
JB
CMC is the United States’ largest manufacturer and fabricator of steel reinforcing bar and with core operations in Poland, they are a global leader in concrete
reinforcement. They also produce merchant bar, steel fence post and wire rod, making them a leader in the steel long products market. Their products go
mostly unseen, but support nearly every element of modern life - from highways, bridges and airports, to sky-scrapers, sports stadiums and hospitals. With a
best-in-class safety record, technologies that help reduce carbon emissions,
and a commitment to helping the communities in which they operate, they are a responsible corporate citizen.
reinforcement. They also produce merchant bar, steel fence post and wire rod, making them a leader in the steel long products market. Their products go
mostly unseen, but support nearly every element of modern life - from highways, bridges and airports, to sky-scrapers, sports stadiums and hospitals. With a
best-in-class safety record, technologies that help reduce carbon emissions,
and a commitment to helping the communities in which they operate, they are a responsible corporate citizen.
Sparks is a hub of commerce, industry and new development located within
the Reno–Sparks metropolitan area, is located just east of Reno and is the fifth most populous city in Nevada with more than 108,000 residents. The city’s
population grew by more than 15% over the past 6 years. Sparks is in the Truckee Meadows between the Carson and Virginia Mountain Ranges. Less than
an hour’s drive from Lake Tahoe, they share their beautiful valley on the eastern slope of the Sierra with Reno, their neighbor to the west.
The city is the closest metropolitan area to the Tahoe-Reno Industrial Center, home to Tesla Motors’ Gigafactory. The Sparks industrial area provides opportunities for a wide range of businesses to open or expand their operations in western Nevada, with excellent commercial and cargo air (Reno-Tahoe International Airport), surface (I-80 and U.S. 395), and rail (Union Pacific) transportation at one’s doorstep.
Sparks is a premier special events venue for northern Nevada. Their Victorian Square brings thousands of visitors to legacy annual events. Sparks’ “gem” is
the picturesque Sparks Marina. Eighty acres of water accommodate
swimming, boating, fishing, scuba diving, paddle boarding and picnicking facilities, and breath-taking views of the nearby mountains. The Sparks Marina has become a destination for water sports competitions and shows the International Dragon Boat Festival.
the Reno–Sparks metropolitan area, is located just east of Reno and is the fifth most populous city in Nevada with more than 108,000 residents. The city’s
population grew by more than 15% over the past 6 years. Sparks is in the Truckee Meadows between the Carson and Virginia Mountain Ranges. Less than
an hour’s drive from Lake Tahoe, they share their beautiful valley on the eastern slope of the Sierra with Reno, their neighbor to the west.
The city is the closest metropolitan area to the Tahoe-Reno Industrial Center, home to Tesla Motors’ Gigafactory. The Sparks industrial area provides opportunities for a wide range of businesses to open or expand their operations in western Nevada, with excellent commercial and cargo air (Reno-Tahoe International Airport), surface (I-80 and U.S. 395), and rail (Union Pacific) transportation at one’s doorstep.
Sparks is a premier special events venue for northern Nevada. Their Victorian Square brings thousands of visitors to legacy annual events. Sparks’ “gem” is
the picturesque Sparks Marina. Eighty acres of water accommodate
swimming, boating, fishing, scuba diving, paddle boarding and picnicking facilities, and breath-taking views of the nearby mountains. The Sparks Marina has become a destination for water sports competitions and shows the International Dragon Boat Festival.
Sale Price
Contact Broker For Pricing
Get in touch
Joey Blatner
Lic: NV Lic. # S.0196647
JB