Brinks

• Long-Term Tenant Commitment – Brink’s Inc. has operated at this location since 1996, reflecting nearly three decades of consistent performance. The tenant recently executed a new 5-year lease extension, ensuring income stability and reaffirming their commitment to the site.
• Absolute Net Lease – Passive Ownership – The lease is structured on an absolute net basis, with Brink’s responsible for all real estate expenses, including property taxes, insurance reimbursement, and maintenance. This structure provides investors with predictable income and a fully passive ownership profile with no management obligations.
• Capital Improvements – New Roof & Perimeter Fence – The property is undergoing significant upgrades, including the installation of a new roof and perimeter security fence. These improvements mitigate long-term capital expenditure risk and enhance asset durability.
• National Credit Tenant – Brink’s Inc. – Brink’s Inc. (NYSE: BCO) is a global leader in secure logistics, cash management, and security services, operating in more than 100 countries. The company maintains a “BB+” credit rating from S&P, underscoring its financial strength and reliability as a tenant.
• Accessible Price Point – The property provides investors an opportunity to acquire a national credit tenant at an attractive, accessible basis. The offering is particularly well-suited for private investors and 1031 exchange buyers seeking a stable, long-term investment.
• Strategic Location – Situated along the Mississippi River, Davenport benefits from strong transportation infrastructure, including proximity to major highways and the Quad City International Airport, facilitating efficient logistics and distribution.
• Ongoing Developments – The city is investing in infrastructure and community projects, such as the $5 million repaving of 4th Street to convert one-way traffic to two-way, aiming to improve downtown accessibility.
• Industrial Sector Strength: The Quad Cities industrial market remains robust, with low vacancy rates and continued demand for warehouse and distribution spaces, supported by national and regional logistics companies.