Anderson-DuBose Cold Storage Jacksonville

Jones Lang LaSalle (“JLL”), as exclusive advisor to VanTrust, is pleased to offer for sale the fee-simple interest in Anderson-Dubose Cold Storage Jacksonville (the “Offering” or the “Property”), a 164,045 square foot Class A, new construction cold storage facility situated in Jacksonville’s western submarket. The Property is a build-to-suit facility with a fresh 20-year lease guaranteed by The Anderson-DuBose Company (the “Tenant”), a leading wholesale distributor that supplies food and non-food items to 470 McDonald’s and 160 Chipotle fast-food restaurants in the northeast and expanding in the southeast via this facility.

Developed by VanTrust, the state-of-the-art Property distinguish itself within the cold storage space through exceptional building specifications, including strategically designed multiple temperature zones and a truck maintenance facility—premium features rarely available in the current market. This scarcity reflects the broader market dynamics where 50% of existing cold storage inventory is 30+ years old, creating a competitive advantage for new Class A construction. The investment benefits from strong market fundamentals, with average asking rents for cold storage space increasing by more than 58.1% since 2019. The Offering’s premier and strategic location provides quick access to all three major interstates, including I-10, I-95, and I-295 (beltway), as well as neighboring logistics infrastructure such as Jacksonville International Airport, JAXPORT, and CSX Intermodal. This enables national distribution capabilities and access to over 30 million consumers within a 6-hour drive time. Combined with stable, growing cash flow from a high-grade tenant with direct ties to McDonald’s (#131 on the Fortune 500 List), the Anderson-DuBose Cold Storage Jacksonville presents a rare, quality investment opportunity in this highly sought-after asset class.