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Single-Tenant Industrial

NNN Industrial on ±2.30 AC | Gulf Coast Location

1949 Victoria Ln, Freeport, TX 77541

Listing Price: $2,057,000

Cap Rate
7.00%
Gross SF
9,400
Price/Gross SF
$218.83
Lot Size
2.30 acres
Year Built
1984
Rentable SF
9,400

Investment Overview

E-Commerce & Recession-Resilient: Tenant’s Business Model Is Well-Suited to Thrive in Various Economic Conditions

Located within 1-Mile from Dow Chemical Company: Operating the Largest Integrated Chemical Manufacturing Plant in the United State

Deepwater Port: Located on the Gulf of America Provides Access for Large-Scale Industrial Operations and Shipping

Investor-Friendly: This NNN Industrial Property Offers Minimal Landlord Responsibilities, Making It Ideal for Out-Of-Market Investors

Prime Industrial Location: Situated In a Dense Industrial Area Surrounded by National Brands, Including Air Liquide America, Phillips 66, Braskem, Among Others, All In Close Proximity To The Subject Property

Investment Highlights

  • Palacios Marine & Industrial Is a Highly Respected Industrial Tenant, Generating $110+ Million in Annual Revenue and Operating 8 Locations in 3 States
  • 3-Year Lease with No Options to Renew – Allows for Value-Add Potential for Future Landlord to Negotiate New Lease with the Tenant
  • Large 2.3-Acre Lot Provides Ample Space for Highly Desirable Outdoor Storage

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Single-Tenant Industrial

NNN Industrial on ±2.30 AC | Gulf Coast Location

Listing Price: $2,057,000

Cap Rate
7.00%
Gross SF
9,400
Price/Gross SF
$218.83
Lot Size
2.30 acres
Year Built
1984
Rentable SF
9,400

Investment Highlights

  • Palacios Marine & Industrial Is a Highly Respected Industrial Tenant, Generating $110+ Million in Annual Revenue and Operating 8 Locations in 3 States
  • 3-Year Lease with No Options to Renew – Allows for Value-Add Potential for Future Landlord to Negotiate New Lease with the Tenant
  • Large 2.3-Acre Lot Provides Ample Space for Highly Desirable Outdoor Storage

Investment Overview

E-Commerce & Recession-Resilient: Tenant’s Business Model Is Well-Suited to Thrive in Various Economic Conditions Located within 1-Mile from Dow Chemical Company: Operating the Largest Integrated Chemical Manufacturing Plant in the United State Deepwater Port: Located on the Gulf of America Provides Access for Large-Scale Industrial Operations and Shipping Investor-Friendly: This NNN Industrial Property Offers Minimal Landlord Responsibilities, Making It Ideal for Out-Of-Market Investors Prime Industrial Location: Situated In a Dense Industrial Area Surrounded by National Brands, Including Air Liquide America, Phillips 66, Braskem, Among Others, All In Close Proximity To The Subject Property

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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