2730 FM 523 Rd - Industrial FOR SALE


Freeport, TX 77541
$3,040,000 USD
949-350-5431
2730 FM 523 Rd, Freeport, TX for Sale
$3,040,000 USD
Industrial - FOR SALE
1/5
null | 6.25% Cap Rate

2730 FM 523 Rd
Freeport, TX 77541


HIGHLIGHTS

  • Ferguson (NYSE: FERG): A Highly Reputable, BBB+ Rated Industrial Tenant With Over 1,750 Locations Across the U.S. and Canada
  • Mission-Critical Location: Ferguson Has Operated at This Site for Over 9 Years and Recently Committed to a 3-Year Lease Extension
  • Large 4.3-Acre Lot Provides Ample Space for Highly Desirable Outdoor Storage

OVERVIEW

--High Credit Tenant | Recent Improvements -New Roof: Roof Replaced in 2025 -Strong Corporate Guarantee: Backed by a Tenant with Over $30 Billion in Annual Revenue -Market Leadership: Ferguson Is the Largest U.S. Distributor of Plumbing Supplies, PVF, Waterworks, and Fire and Fabrication Products -Publicly Traded: The Tenant Is Listed on the NYSE (FERG) with a Market Capitalization Exceeding $49 Billion -E-Commerce & Recession-Resilient: Ferguson's Business Model Is Well-Suited to Thrive in Various Economic Condition --Strong Real Estate Fundamentals -Located within 2-Miles from Dow Chemical Company: Operating the Largest Integrated Chemical Manufacturing Plant in the United States -Deepwater Port: Located on the Gulf of America Provides Access for Large-Scale Industrial Operations and Shipping -Investor-Friendly: This NNN Industrial Property Offers Minimal Landlord Responsibilities, Making It Ideal for Out-Of-Market Investors -Prime Industrial Location: Situated In a Dense Industrial Area Surrounded by National Brands, Including Dollar General, FedEx, Chevron, Buc-ee’s, Air Liquide America, Praxair, Among Others, All In Close Proximity To The Subject Property Broker of Record: Tim Speck – License #9002994 – 5001 Spring Valley Road, Suite 1100W, Dallas, TX 75244

FOR SALE DETAILS

PRICE

$3,040,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ferguson (NYSE: FERG) | Single Tenant NNN

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Distribution, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.27

LAND SF

186,001

ZONING

-

APN/PARCEL ID

2077-0041-000

ASK ABOUT THIS PROPERTY

Ron DuongMarcus & MillichapMore Info
949-350-5431

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Ron DuongMarcus & MillichapMore Info
949-350-5431

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