2621 Old Highway 80 - Industrial LAND FOR SALE
Sweetwater, TX 79556 | 43,560 SF
$450,000 USD
214-682-4912
2621 Old Highway 80
Sweetwater, TX 79556
HIGHLIGHTS
- Battery Energy Storage System (BESS) facility strategically located in Sweetwater, TX, with direct grid interconnection.
- Absolute Net Lease to Gore Street Capital, a publicly traded infrastructure fund, ensuring minimal landlord responsibilities.
- Corporate-guaranteed lease from a publicly held entity, offering strong tenant credit.
- Tenant invested over $1,000,000 in site upgrades, part of a $12M total project investment.
- ±$34,778 in annual NOI with 3% annual rent escalations, enhancing long-term income stability.
- Asset supports the rapidly growing renewable energy and grid-stabilization market.
OVERVIEW
NNN leased land to publicly held infrastructure fund, Gore Street Capital , 8% cap rate, great credit, Tenant spent over 1 million on upgrades to the land and 12 million total project cost.
Project is a Battery Energy Storage facility. (BESS)
34,778.04 in Annual NOI, 3% annual increases, 1 million plus on property upgrades, grid interconnected site, publicly held lease guarantor
FOR SALE DETAILS
PRICE
$450,000 USD
PRICE/ACRE
$450,000/AC
PRICE/SF
$10 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Sweetwater Energy NNN leased investment prop
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Industrial
LAND PROPOSED USE
Industrial
LAND ACRES
1 AC
LAND SF
43,560 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
-
APN/PARCEL ID
-
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214-682-4912
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214-682-4912
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