US LBM – 258 Meadow Street

SIGNIFICANT RECENT CAPITAL IMPROVEMENTS:
– The property has benefited from substantial capital investment in recent years. Improvements include the installation of steel racking and a dedicated concrete storage pad supporting engineered wood product inventory, as well as a rear roof replacement completed in 2025. These investments have enhanced the functionality of the facility while reducing near-term capital expenditure requirements for future ownership.

STRONG CORPORATE GUARANTEE WITH LONG OPERATING HISTORY:
– The property is leased to US LBM Holdings, LLC, the largest privately held building materials distributor in the United States. US LBM operates more than 460 locations nationwide and generates approximately $6.8 billion in annual revenue. The Williamstown location has served the local building materials market for decades and continues to function as an important component of US LBM’s Vermont distribution network, supporting contractors, builders, and professional end users throughout the region.

RECENTLY RENEWED INDUSTRIAL NNN LEASE WITH SCHEDULED RENT GROWTH:
– US LBM recently executed a five-year lease renewal through October 2030, reaffirming its long-term commitment to the location. The lease is structured as an Industrial NNN lease with US LBM responsible for taxes, insurance, CAM, paving, HVAC, electrical, mechanical systems, and all day-to-day operating expenses. The lease also includes two five-year renewal options with scheduled rent increases, providing investors with predictable income growth and inflation protection.