2020 Texas 35 - Industrial FOR SALE


Aransas Pass, TX 78336
$1,625,000 USD
361-877-2463
2020 Texas 35, Aransas Pass, TX for Sale
$1,625,000 USD
Industrial - FOR SALE
1/7
null | 7% Cap Rate

2020 Texas 35
Aransas Pass, TX 78336


HIGHLIGHTS

  • Fully Leased NNN Property – tenant responsible for taxes, insurance, CAM & all utilities
  • National Credit Tenant – long-term lease with a stable, high-quality engineering & design firm
  • Lease term through October 2030 with options to extend, providing predictable, secure cash flow
  • 3% annual base rent escalations deliver growing income over the lease term
  • Prime Location – Situated along Business Highway 35, offering visibility and accessibility
  • Outside Aransas Pass city limits

OVERVIEW

This fully leased office/warehouse property offers a rare, long-term investment opportunity in Aransas Pass. Located on a 1 acre lot along Business Highway 35, the 8,625 SF building combines functionality and professional appeal. The property includes 3,750 SF of high bay warehouse space with drive-thru, roll-up garage doors; 3,750 SF of office space with multiple private offices, reception, restrooms, a server room and open area; and 1,125 SF of dedicated storage space with 1 dock-high and 1 ground-level roll-up door. The building is fully leased to a national credit tenant — an established engineering and design firm — providing a secure and predictable income stream. The lease runs through October 2030 with annual base rent currently at $13.60/SF NNN with 3% annual increases and options to extend. Operating expenses are minimal, estimated at $2.00/SF/year, and are fully passed through to the tenant, including taxes, insurance and all utilities. This lease structure ensures a reliable net operating income. Offered at $1,625,000, the property provides a strong 7.0% capitalization rate based on current income, supported by a long-term lease and dependable tenant. With its prime location, national credit tenant and fully leased status, this offering presents a low-risk, stable investment opportunity ideal for buyers seeking reliable cash flow and long-term value.

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Net Leased Office/Warehouse

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

N/A

APN/PARCEL ID

9110-004-02

ASK ABOUT THIS PROPERTY

Matt CraveyCravey Real Estate Services, Inc.More Info
361-877-2463

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Matt CraveyCravey Real Estate Services, Inc.More Info
361-877-2463

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