SRS Distribution

STRONG CORPORATE GUARANTEE / INVESTMENT GRADE PARENT COMPANY: SRS Distribution is the fastest growing distributor of building products in the United States with over 800 locations nationwide & an annual revenue of ± $10B. In June 2024, The Home Depot (NYSE: HD) completed the acquisition of SRS Distribution for $18.25B. Home Depot is an investment grade tenant (S&P: “A”). In September 2025, Home Depot further expanded through its specialty distribution subsidiary, SRS Distribution Inc., acquiring GMS Inc. for $5.5 billion. Post GMS Inc. acquisition, SRS Distribution will operate a network of 1,200+ locations nationwide with an estimated enterprise value exceeding $23 billion.
NEWLY EXECUTED LEASE EXTENSION / ANNUAL RENT INCREASES: SRS Distribution has operated out of this facility since 2013 (13-year operating history) and just executed another 2-year renewal. The subject lease is structured with 2% annual rent increases and additional options to renew at Fair Market Value, providing an investor with a strong hedge against inflation.
FUNCTIONAL LOW-COVERAGE IOS INDUSTRIAL FACILITY: This highly functional ±42,462 sq. ft. facility features seven (7) dock-high doors with ramp access, 22’ clear height, and a covered open-sided storage shed. The subject property is positioned on ±4.77 acres of land (20.43% Building/Lot Coverage), allowing for significant Industrial Outdoor Storage (IOS) capabilities – one of the most sought-after asset classes in today’s market.
MULTIMODAL TRANSPORTATION / ACCESS TO CLASS I RAIL & INTERNATIONAL AIR: The property is strategically located along Highway 80 W with immediate access to I-20 and I-220, providing efficient connectivity throughout Mississippi and the greater Southeast, including Texas, Tennessee, Louisiana, and Atlanta. The site also benefits from close proximity to Jackson–Medgar Wiley Evers International Airport and Class I rail service, offering one of the most cost-effective freight transportation methods in the U.S.

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Phillip Carpenter