3509 Highway 277 - Warehouse FOR SALE


Carrizo Springs, TX 78834
$1,170,600 USD
210-325-7448
3509 Highway 277, Carrizo Springs, TX for Sale
$1,170,600 USD
Warehouse - FOR SALE
1/12
null | 8.5% Cap Rate

3509 Highway 277
Carrizo Springs, TX 78834


HIGHLIGHTS

  • National credit tenant with over 13 years of occupancy
  • Income-producing asset with NNN lease structure
  • Prime visibility and access along Hwy 277
  • Rental escalations offering income growth

OVERVIEW

Industrial Investment Property with Long-Term National Tenant Address: 3509 Hwy 277, Carrizo Springs, Texas Lot Size: ±2.5 Acres Building Size: ±9,310 SF Occupancy: 100% Leased Tenant: FleetPride, Inc. Lease Term Remaining: 2.5 Years Current Rent: $8,051.37/month NNN with 1.5% annual increases Strategically located on a high-visibility stretch of State Highway 277 in Carrizo Springs, Texas, this ±2.5-acre industrial property presents a rare investment opportunity with stable in-place income. The engineered metal building totals approximately 9,310 square feet, including ±2,170 SF of showroom and office space and ±7,140 SF of high-clear warehouse space. The warehouse features three 14’ wide by 16’ high roll-up doors and a 22’ clear height, allowing for efficient logistics and storage operations. The site offers ample warehouse space, excellent ingress/egress, and convenient access for commercial vehicle traffic. The property is leased to FleetPride, the largest independent distributor of heavy-duty truck and trailer parts in the United States. FleetPride has occupied this location for over 13 years, using it as a regional sales hub, and has 2.5 years remaining on their current lease. The tenant pays triple net (NNN) expenses, and the lease includes 1.5% annual rent escalations, providing investors with a stable and predictable income stream. FleetPride Overview: Headquartered in Irving, Texas, FleetPride operates over 300 locations across the country and serves a broad range of customers in the commercial vehicle industry. Known for their extensive parts inventory, technical expertise, and strong nationwide service network, FleetPride is a leader in aftermarket parts distribution for the heavy-duty trucking sector. This offering is ideal for investors seeking a low-maintenance industrial asset with a reliable tenant and strong yield fundamentals in a strategic South Texas market.

FOR SALE DETAILS

PRICE

$1,170,600 USD

PRICE/SF

$128 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FleetPride

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

2

DRIVE INS

3

PARKING SPACES

17

LAND DETAILS

LAND ACRES

2.5

LAND SF

108,900

ZONING

None

APN/PARCEL ID

66528

ASK ABOUT THIS PROPERTY

Clifton ShearrerBrohill RealtyMore Info
210-325-7448

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Clifton ShearrerBrohill RealtyMore Info
210-325-7448

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