734 S Main St - Warehouse FOR SALE


Clute, TX 77531
$5,650,000 USD
918-803-4815
734 S Main St, Clute, TX for Sale
$5,650,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

734 S Main St
Clute, TX 77531


HIGHLIGHTS

  • Investment Grade Anchor Tenant: Dow Chemical Company
  • Critical Location: Immediate Proximity to Dow’s 7,000-Acre Site
  • Long-Term Tenant Occupancy
  • Below Market Rents
  • Value-Add Opportunity: 4 Acres of Vacant Land

OVERVIEW

Dow Chemical Company, which occupies 41% of the property, is the operating subsidiary of Dow Inc. and is one of the three largest chemical producers in the world. Dow Chemical has operated at the property for over 30 years, demonstrating the criticality of the location. The property is located just off of TX 288 in immediate proximity to Dow’s largest integrated chemical manufacturing site, which spans 7,000 acres and manufactures over 40% of Dow’s products sold in the U.S. In addition to below market rents, the property features approximately 4 acres of vacant land that could be developed. In Association With Brett Butler, TX Lic #558227-B

FOR SALE DETAILS

PRICE

$5,650,000 USD

PRICE/SF

$786 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Showroom, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10

LAND SF

435,600

ZONING

None

APN/PARCEL ID

2114-0245-000

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.