Offered for sale is a newly constructed, purpose-built distribution facility leased to Frito-Lay, a subsidiary of PepsiCo (NYSE: PEP), located in the heart of Montgomery’s industrial corridor. This ±16,573-square-foot facility sits on ±5.07 acres and was designed to support Frito-Lay’s regional logistics operations, underscoring the tenant’s long-term commitment and operational reliance on the site.
The property is secured by a 10-year triple net (NNN) lease with approximately 9.3 years remaining, featuring 2% annual rent escalations and minimal landlord responsibilities limited to roof and structure. With a current net operating income of $532,528 and a 6.25% cap rate, this asset offers passive, predictable cash flow backed by investment-grade credit.
Strategically positioned near Interstate 85, the site benefits from excellent connectivity to regional distribution routes and proximity to Montgomery’s established industrial base. The area is home to major employers, logistics hubs, and a growing population, making it a prime location for last-mile delivery and regional fulfillment.
This offering presents a rare opportunity to acquire a mission-critical facility with strong credit tenancy, long-term lease stability, and minimal management obligations in a high-demand logistics market.