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Net Lease

Dana Safety Supply | New 2021 Construction | Corp Tenant with 32+ Locations | Income Tax-Free State

5002 Logans Run Cir, Harlingen, TX 78550

Listing Price: $1,207,125

Cap Rate
8.00%
Lot Size
2.14 acres
Year Built
2021
Rentable SF
12,000

Investment Overview

The Sulo Group is pleased to present a Danna Safety Supply located in Harlingen, TX.

Dana Safety Supply has grown to become a powerhouse with 32 locations in 13 states. DSS provides superior partnerships for state and local public safety as well as federal and military agencies with full GSA contract support. Over two decades the tenant grown to a team of over 400, and has welcomed many former law enforcement and military personnel with expertise in administrative operations, budgeting and procurement, fleet management, patrol operations, special operations, and training. Dana Safety Supply is a subsidiary of Duval Motor Company and the Scott McRae Group, (SMAG), a 106-year-old family company that has been in continuous operation and under the same ownership since 1916. We are proud to serve our country’s public safety professionals—and you can count on us to help you with what you need to do your job better.

Dana Safety Supply was constructed in 2021, providing ownership with minimal near-term management and capital expenditure risk. The tenant is operating on a Net Lease and is responsible for paying 100% of Taxes and Insurance. The tenant also responsible for the repair and maintenance of glass and windows, fire protection equipment, exterior and overhead doors, including closure devices, molding, locks, hardware, parking areas and walks, plumbing systems, drainage systems, sump pumps, electrical systems, mechanical systems, ballast and lamp replacement, HVAC systems, fences, gates, storage yards, storage buildings and more.

Investment Highlights

  • Corporate Tenant with 32+ Locations and Backed by a 106+ Year Old Company
  • New 2021 Construction with Minimal Landlord Responsibilities
  • Growing Market in an Income Tax-Free State
  • Great Industrial Real Estate Fundamentals with No Lease Renewal Options

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Net Lease

Dana Safety Supply | New 2021 Construction | Corp Tenant with 32+ Locations | Income Tax-Free State

Listing Price: $1,207,125

Cap Rate
8.00%
Lot Size
2.14 acres
Year Built
2021
Rentable SF
12,000

Investment Highlights

  • Corporate Tenant with 32+ Locations and Backed by a 106+ Year Old Company
  • New 2021 Construction with Minimal Landlord Responsibilities
  • Growing Market in an Income Tax-Free State
  • Great Industrial Real Estate Fundamentals with No Lease Renewal Options

Investment Overview

The Sulo Group is pleased to present a Danna Safety Supply located in Harlingen, TX. Dana Safety Supply has grown to become a powerhouse with 32 locations in 13 states. DSS provides superior partnerships for state and local public safety as well as federal and military agencies with full GSA contract support. Over two decades the tenant grown to a team of over 400, and has welcomed many former law enforcement and military personnel with expertise in administrative operations, budgeting and procurement, fleet management, patrol operations, special operations, and training. Dana Safety Supply is a subsidiary of Duval Motor Company and the Scott McRae Group, (SMAG), a 106-year-old family company that has been in continuous operation and under the same ownership since 1916. We are proud to serve our country’s public safety professionals—and you can count on us to help you with what you need to do your job better. Dana Safety Supply was constructed in 2021, providing ownership with minimal near-term management and capital expenditure risk. The tenant is operating on a Net Lease and is responsible for paying 100% of Taxes and Insurance. The tenant also responsible for the repair and maintenance of glass and windows, fire protection equipment, exterior and overhead doors, including closure devices, molding, locks, hardware, parking areas and walks, plumbing systems, drainage systems, sump pumps, electrical systems, mechanical systems, ballast and lamp replacement, HVAC systems, fences, gates, storage yards, storage buildings and more.

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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