burbank, washington

Frito-Lay Distribution Center

Investment Summary

An approximately 107,200 square foot industrial facility that serves as a distribution warehouse for Frito-Lay in Burbank, Washington.  Frito-Lay manufactures and markets chips and snack foods and has an approximately 60% share of the U.S. chip market and 35% share of the global market. Frito-Lay is a wholly-owned subsidiary of PepsiCo and accounted for 27% or $24.9 billion of its total revenue in 2023. The Property serves as a regional distribution center for Frito-Lay products.

Syndicated acquired the Property in a Delaware Statutory Trust (DST) to accommodate both cash and 1031 exchange investors.