404-823-6360
4952 Lakeway Dr, College Station, TX for Sale
Industrial - FOR SALE
1/4
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4952 Lakeway Dr
College Station, TX 77845


HIGHLIGHTS

  • Best-in-Class, Investment-Grade, Fortune 500 Tenant
  • 2020 Built-to-Suit Facility
  • Long-Term, Passive NN Lease
  • Rapidly Expanding Market Within Texas Triangle
  • ± 6 Miles from Texas A&M University
  • Frontage on TX Hwy 6

OVERVIEW

Northmarq Commercial, on behalf of ownership, is pleased to present the exclusive opportunity to acquire a 100% fee simple interest in the FedEx Ship Center located at 4952 Lakeway Drive in College Station, Texas (the “Property”). A build-to-suit facility constructed in 2020, the Property encompasses 44,342 square feet on 7.20 acres, positioned within the Business Center at College Station development along Texas State Highway 6. FedEx relocated to this facility after outgrowing a smaller and outdated facility that was about three and a half times smaller. The lease, which offers roughly 10 years of base term remaining to be followed by two, five-year options, is fully backed by the Federal Express Corporation and is Landlord-favorable with responsibility limited to roof and structural components. The Property is located just six miles from the campus of Texas A&M University (the largest college in the U.S. by enrollment) and will be a beneficiary of College Station’s rapid growth – often cited among the fastest-growing cities in the entire country. Additionally, its positioning within the Texas Triangle where real estate (especially quality industrial assets) is in heavy demand, providing for an exceptional investment opportunity with unparalleled residual value.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

161

LAND DETAILS

LAND ACRES

7.2

LAND SF

313,632

ZONING

M-1

APN/PARCEL ID

171500-0206-0050

ASK ABOUT THIS PROPERTY

Colin CouchNorthmarqMore Info
404-823-6360

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Colin CouchNorthmarqMore Info
404-823-6360

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