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Warehouse

Ferguson | Corporate-Guaranteed NNN Lease

2730 FM523, Freeport, TX 77541

Listing Price: $2,816,000

Cap Rate
6.75%
Gross SF
22,000
Price/Gross SF
$128.00
Lot Size
4.27 acres
Year Built
1980
Rentable SF
22,000

Investment Overview

--High Credit Tenant | Recent Improvements

-New Roof: Roof Replaced in 2025

-Strong Corporate Guarantee: Backed by a Tenant with Over $30 Billion in Annual Revenue

-Market Leadership: Ferguson Is the Largest U.S. Distributor of Plumbing Supplies, PVF, Waterworks, and Fire and Fabrication Products

-Publicly Traded: The Tenant Is Listed on the NYSE (FERG) with a Market Capitalization Exceeding $49 Billion

-E-Commerce & Recession-Resilient: Ferguson's Business Model Is Well-Suited to Thrive in Various Economic Condition

--Strong Real Estate Fundamentals

-Located within 2-Miles from Dow Chemical Company: Operating the Largest Integrated Chemical Manufacturing Plant in the United States

-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 Dollar General, FedEx, Chevron, Buc-ee’s, Air Liquide America, Praxair, Among Others, All In Close Proximity To The Subject Property

Investment Highlights

  • Ferguson (NYSE: FERG): A Highly Reputable, BBB+ Rated Industrial Tenant With Over 1,750 Locations Across the U.S. and Canada
  • Mission-Critical Location: Ferguson Has Operated at This Site for Over 9 Years and Recently Committed to a 3-Year Lease Extension, Underscoring the Site's Importance
  • Large 4.3-Acre Lot Provides Ample Space for Highly Desirable Outdoor Storage

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Warehouse

Ferguson | Corporate-Guaranteed NNN Lease

Listing Price: $2,816,000

Cap Rate
6.75%
Gross SF
22,000
Price/Gross SF
$128.00
Lot Size
4.27 acres
Year Built
1980
Rentable SF
22,000

Investment Highlights

  • Ferguson (NYSE: FERG): A Highly Reputable, BBB+ Rated Industrial Tenant With Over 1,750 Locations Across the U.S. and Canada
  • Mission-Critical Location: Ferguson Has Operated at This Site for Over 9 Years and Recently Committed to a 3-Year Lease Extension, Underscoring the Site's Importance
  • Large 4.3-Acre Lot Provides Ample Space for Highly Desirable Outdoor Storage

Investment Overview

--High Credit Tenant | Recent Improvements -New Roof: Roof Replaced in 2025 -Strong Corporate Guarantee: Backed by a Tenant with Over $30 Billion in Annual Revenue -Market Leadership: Ferguson Is the Largest U.S. Distributor of Plumbing Supplies, PVF, Waterworks, and Fire and Fabrication Products -Publicly Traded: The Tenant Is Listed on the NYSE (FERG) with a Market Capitalization Exceeding $49 Billion -E-Commerce & Recession-Resilient: Ferguson's Business Model Is Well-Suited to Thrive in Various Economic Condition --Strong Real Estate Fundamentals -Located within 2-Miles from Dow Chemical Company: Operating the Largest Integrated Chemical Manufacturing Plant in the United States -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 Dollar General, FedEx, Chevron, Buc-ee’s, Air Liquide America, Praxair, Among Others, All In Close Proximity To The Subject Property

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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