2811 Fm 523 Rd - Manufacturing FOR SALE


Freeport, TX 77541
$4,675,000 USD
918-803-4815
2811 Fm 523 Rd, Freeport, TX for Sale
$4,675,000 USD
Manufacturing - FOR SALE
1/4
null | 7.15% Cap Rate

2811 Fm 523 Rd
Freeport, TX 77541


HIGHLIGHTS

  • Long-Term Tenant Occupancy: 20+ Year History
  • Industry Leading Supplier
  • NNN Lease Structure with Annual Increases
  • Below Market Rent
  • Strategically Located Facility

OVERVIEW

Sunbelt Supply has occupied the facility for over 20 years and they executed on a long-term sale leaseback in 2019, demonstrating a continued commitment to the location. The property, which serves as a Gulf Coast hub for the Tenant, is located approximately 60 miles south of Houston in Freeport, TX, which boasts major employers such as The Dow Chemical Company, Phillips 66, and BASF Corporation. Freeport is also home to Port Freeport, one of the fastest-growing ports in the nation. In Association With Brett Butler, TX Lic #558227-B

FOR SALE DETAILS

PRICE

$4,675,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunset Supply

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

11

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.97

LAND SF

216,493

ZONING

0010

APN/PARCEL ID

0009-0011-110

ASK ABOUT THIS PROPERTY

Collin MeadorsNorthmarqMore Info
918-803-4815

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Collin MeadorsNorthmarqMore Info
918-803-4815

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