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Single-Tenant Industrial

Cummins Inc. - Absolute NNN Industrial Property

1433 Gateway Blvd W, El Paso, TX 79936

Listing Price: $3,990,000

Cap Rate
5.86%
Gross SF
40,647
Price/Gross SF
$98.16
Lot Size
10.37 acres
Year Built
1985
Rentable SF
40,647

Investment Overview

- Strong Corporate Guarantee - - Tenant has a Market Cap of $31.19 Billion and is Publicly Traded (NYSE: CMI) - Tenant sells in Approximately 190 Countries and Territories Through a Network of More Than 600 Company-Owned and Independent Distributors and Approximately 7,200 Dealers - E-Commerce and Recession Proof Tenant - Strong Real Estate Fundamentals - - Situated Immediately Off of Interstate 10 with Excellent Accessibility – the Texas Segment is the Longest Continuous Untolled Freeway in North America (Traffic Counts Exceed 75,000 Cars Per Day) - Large Lot of Over 10 Acres Allowing for Expansion in the Future - Low Price Per SF Building of $98 | Well Below Market Rents of $5.76 Per SF | Low Land Price Per SF of $8.83 - Ceiling Clear Height of 20ft | 19 Drive-In Doors | Masonry Building in Excellent Condition - Pride Of Ownership Property in El Paso, TX - - Located in a Dense Trade Area with other National Brands such as Flying J Travel Center, Petro Travel Center, Love’s Travel Stop, Outwest Express, Gamer Logistics, Doggett Freightliner, Crane Worldwide Logistics, Mobil Mini, Southwest Freight Lines, FedEx Freight, Coca-Cola, Yazaki North America, Protrans International, American Tire Distributors, and More - Excellent Opportunity to Invest in a Tenant with a Nationwide Presence at a Location with a Long Operating History

Investment Highlights

  • Cummins Inc (NYSE: CMI) is an American Multi-National Corporation with Annual Revenues Exceeding $28 Billion that Designs, Manufactures, and Distributes Engines, Filtration, and Power Generation
  • Cummins has been Consistently Extending the Lease and Operating Successfully at this Location for 40+ Years
  • Absolute NNN Industrial Property – Ideal for an Investor not Local to the Market

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Single-Tenant Industrial

Cummins Inc. - Absolute NNN Industrial Property

Listing Price: $3,990,000

Cap Rate
5.86%
Gross SF
40,647
Price/Gross SF
$98.16
Lot Size
10.37 acres
Year Built
1985
Rentable SF
40,647

Investment Highlights

  • Cummins Inc (NYSE: CMI) is an American Multi-National Corporation with Annual Revenues Exceeding $28 Billion that Designs, Manufactures, and Distributes Engines, Filtration, and Power Generation
  • Cummins has been Consistently Extending the Lease and Operating Successfully at this Location for 40+ Years
  • Absolute NNN Industrial Property – Ideal for an Investor not Local to the Market

Investment Overview

- Strong Corporate Guarantee - - Tenant has a Market Cap of $31.19 Billion and is Publicly Traded (NYSE: CMI) - Tenant sells in Approximately 190 Countries and Territories Through a Network of More Than 600 Company-Owned and Independent Distributors and Approximately 7,200 Dealers - E-Commerce and Recession Proof Tenant - Strong Real Estate Fundamentals - - Situated Immediately Off of Interstate 10 with Excellent Accessibility – the Texas Segment is the Longest Continuous Untolled Freeway in North America (Traffic Counts Exceed 75,000 Cars Per Day) - Large Lot of Over 10 Acres Allowing for Expansion in the Future - Low Price Per SF Building of $98 | Well Below Market Rents of $5.76 Per SF | Low Land Price Per SF of $8.83 - Ceiling Clear Height of 20ft | 19 Drive-In Doors | Masonry Building in Excellent Condition - Pride Of Ownership Property in El Paso, TX - - Located in a Dense Trade Area with other National Brands such as Flying J Travel Center, Petro Travel Center, Love’s Travel Stop, Outwest Express, Gamer Logistics, Doggett Freightliner, Crane Worldwide Logistics, Mobil Mini, Southwest Freight Lines, FedEx Freight, Coca-Cola, Yazaki North America, Protrans International, American Tire Distributors, and More - Excellent Opportunity to Invest in a Tenant with a Nationwide Presence at a Location with a Long Operating History

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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