200 Willow Creek Pky - Warehouse FOR SALE


Palestine, TX 75801
$2,056,000 USD
480-221-4221
200 Willow Creek Pky, Palestine, TX for Sale
$2,056,000 USD
Warehouse - FOR SALE
1/7
null | 6% Cap Rate

200 Willow Creek Pky
Palestine, TX 75801


HIGHLIGHTS

  • Recent 10-Year Renewal | Commitment To Site | Additional Options To Extend | Rental Increases
  • Corporate Signature (NYSE: ATO) | Credit Tenant (S&P: A-)
  • Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • Proximity to TX-256 Loop E (18,700 VPD)
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant, Atmos Energy Corporation, recently executed a new 10-year renewal commencing October 1, 2025, following 20 years of continuous operation at the site, reinforcing their long-term commitment and ensuring future income stability • The lease includes two (2) additional 5-year renewal options with 3% annual increases throughout the current term and escalations to the greater of 9% or market rent at the start of each additional option period, driving NOI growth and providing a strong inflation hedge

FOR SALE DETAILS

PRICE

$2,056,000 USD

PRICE/SF

$515 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Atmos Energy

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1.81

LAND SF

78,844

ZONING

I

APN/PARCEL ID

R843490

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.