949 Gateway Dr - Warehouse FOR SALE


San Angelo, TX 76905
$5,700,000 USD
713-681-1100
949 Gateway Dr, San Angelo, TX for Sale
$5,700,000 USD
Warehouse - FOR SALE
1/2
null | 6.9% Cap Rate

949 Gateway Dr
San Angelo, TX 76905


HIGHLIGHTS

  • Fully NNN-leased, single-tenant industrial asset occupied by FedEx
  • Prime location just off the intersection of North Loop 306 and US-277
  • Corner positioning at Gateway Drive and FM 380 provides strong accessibility
  • Located in San Angelo, Texas, a regional hub positioned northwest of San Antonio and Austin, and south of Midland/Odessa

OVERVIEW

Capital Real Estate Commercial is pleased to present the opportunity to purchase a fully NNN, single tenant, industrial asset occupied by FedEx in San Angelo, Texas. FedEx has been at the property since 2016 and has just extended their lease another 5 years to 2031, showing a commitment to the subject property. FedEx has one more 5-year extension remaining from the original lease. The 8.99-acre property is located just off the intersection of North Loop 306 and US-277, on the corner of Gateway Drive and FM 380. San Angelo is located Northwest of both San Antonio and Austin, and south of Midland/Odessa.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9

LAND SF

391,909

ZONING

-

APN/PARCEL ID

13-24450-0001-000-00

ASK ABOUT THIS PROPERTY

Troup RollandCapital Real Estate Commercial, Inc.More Info
713-681-1100

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Troup RollandCapital Real Estate Commercial, Inc.More Info
713-681-1100

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