Net leased property 7.12% Cap rate w/ 7 years left on lease:
Offered at $5.85 Million, this income-producing warehouse property presents a compelling opportunity for investors seeking immediate cash flow and long-term upside. The property is currently leased to a tenant and delivers a strong cap rate is 7.12% with a blended rate of 7.6% with 7 years left on a 10 year lease Annual rent bumps on this true NNN lease, making it an attractive, stabilized asset from day one.
Located just minutes from Interstate 45, the property benefits from excellent accessibility and proximity to a major transportation corridor, enhancing its desirability for industrial and logistics users.
The warehouse has been upgraded, offering modern functionality with significant income potential and flexibility for future growth. Its strategic location and improved condition position it well for continued tenant demand and value appreciation.
With a reliable tenant in place, solid returns, and a prime location near one of the region’s most heavily traveled freeways, this property represents an outstanding opportunity to add a high-performing industrial asset to your investment portfolio.
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