Value-Add Opportunity Offered Well Below Replacement Cost – Smurfit Westrock has a lease ending February 2027 at $5.20/SF, well below the market average of $6.00/SF, with no renewal options, providing immediate income and future upside potential. The property is also priced below replacement cost, as constructing a comparable PEMB with a concrete slab typically costs over $120/SF when newly developed. Investors can obtain a high-quality asset at a fraction of new-build pricing, with room for rent growth and strong long-term returns.
In Demand Facility in a Dense Industrial Corridor with Additional Land for Development – 24’ Clear Height, standalone building totaling over 100,000 SF of warehouse space with 14 Docks, LED Lighting, and 8,000 SF of office. Located just 1.2 miles from U.S. Highway 259 and 2.5 miles from the I-20, the property offers immediate access to major East Texas transportation routes. Surrounded by complimentary and competing tenants including Tractor Supply Co., Fleetpride Service Center, HOLT CAT, Eastman Chemical,
and HATCO. At over 19 acres, the site allows and investor future room for expansion, or additional development at the site.