Andy Flack
HomeLand Properties, Inc.
SALE WITH TENANT IN PLACE, BUILD TO SUIT OR PURCHASE VACANT LAND. 27,725 Sq. Ft. warehouse building on 10 acres with tenant in place utilizing the building and 3 acres of land currently. 8% Cap Rate with escalation lease in place. Property has 3 phase electricity, multiple loading docks, and office area. Property is in a secluded location within close proximity to the Brazos River with easy access via Interstate 20. 3 YEAR LEASE IN PLACE WITH 4% ESCALATION PER YEAR UNITL NOVEMBER 2027. CURRENT LEASE RATE IS 16,172 PER MONTH.
Directions: Exit 394 off Interstate 20. Left over Brandon Bridge Lane. Right on Meeks. Property at Dead End on Right.
Andy Flack
HomeLand Properties, Inc.
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Listed By: Krayton Kirkpatrick of Kirkpatrick Realty