SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a modified NNN leased, corporate guaranteed (NASDAQ: AMZN | S&P: AA), Amazon facility in Corpus Christi, TX. The tenant, Amazon.com Services, LLC recently signed a brand new 5-year extension and has 3
(5-year) options to extend remaining, demonstrating their long-term commitment to the site. The lease features 2% annual rental increases throughout the initial term and option periods, steadily growing NOI and providing a hedge against inflation. The lease is modified NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor in an income tax free state. The tenant is also responsible for roof leaks, parking
lot restoration, and maintenance. Originally constructed in 2012, the building has been extensively remodeled with more than $16 million invested by the tenant into the buildout, and the site continues to receive ongoing improvements, including the addition of electric vehicle charging stations. Amazon is one of the world’s largest companies by revenue and market value, generating nearly $700 billion in annual sales and operating a global logistics network of approximately 1,200 facilities, highlighting the company’s unmatched scale and long-term commitment to logistics infrastructure.