6519 County Road 145 - Warehouse FOR SALE


Kenedy, TX 78119
$1,599,000 USD
214-603-4193
6519 County Road 145, Kenedy, TX for Sale
$1,599,000 USD
Warehouse - FOR SALE
1/6
null | 8.61% Cap Rate

6519 County Road 145
Kenedy, TX 78119


OVERVIEW

Compass Pipeline Services Investment Opportunity - Text/Call/Email 214.603.4193 mdallred365@gmail.com Matt Allred of The Platinum Group presents a rare single-tenant industrial investment opportunity backed by a corporate-guaranteed energy tenant in the heart of the Eagle Ford Shale corridor. The property is 100% leased to Compass Pipeline Services, with the lease corporately guaranteed by Compass Compression Holdings Ltd., providing investors with an income stream supported by an established North American energy infrastructure platform. The offering is anchored by a durable NNN lease structure, with the tenant responsible for taxes, insurance, and operating expenses. The lease was recently extended by an additional three years and is now contractually locked in through May 31, 2031, demonstrating the tenant’s continued commitment to the location. The lease also includes 3% annual rent escalations through the first four years, providing built-in NOI growth and improving yield over the remaining lease term. The tenant’s use is directly aligned with the property’s physical functionality. Compass utilizes the site as an operational hub supporting Eagle Ford and Gulf Coast operations, making the asset more than a generic industrial yard. The property includes approximately 7,800 square feet of office/warehouse improvements on 5.0 acres, including warehouse space, office area, covered wash bay, covered parking, fenced and gated yard area, RV hookups, well and septic, multiple roll-up doors, and secure storage. This combination of building functionality and yard utility is well suited for field service operations, equipment storage, fleet movement, and energy-service logistics. From an investor’s standpoint, the asset offers immediate cash flow, contractual rent growth, and tenant stickiness tied to the site’s operational role. The current NOI (beginning 6/1/26) is approximately $137,684, with an offering price of $1,599,000, equating to an indicated current cap rate of approximately 8.61%. Based on the scheduled lease escalations, the blended cap rate through the remaining lease term is approximately 9.09%, with an illustrative exit cap assumption of 9.50% at lease expiration. The investment thesis is straightforward: acquire a fully leased industrial/outdoor storage asset with a corporate-guaranteed energy tenant, NNN lease structure, contractual rent growth, and a strategic operating location within one of Texas’s most important oil and gas corridors. For buyers seeking yield, durability, and exposure to mission-critical industrial service real estate, 6519 County Road 145 offers a clean, income-driven opportunity with long-term operational utility.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

8.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

UTILITIES

Water - Well, Sewer - Septic Field

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5

LAND SF

217,800

ZONING

None

APN/PARCEL ID

107-0722

ASK ABOUT THIS PROPERTY

Matthew AllredThe Platinum Group RE, LLCMore Info
214-603-4193

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Matthew AllredThe Platinum Group RE, LLCMore Info
214-603-4193

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