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$1,170,600
Est. payment /mo
9,310 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 9,310 sqft
Price per Sqft $125
MLS Listing ID 1869284
Construction Status Metal
Year Built 2013
Lot Size 2.500 Acres
Property Sub-Type Commercial Improved Prop
Property Description
Industrial Investment Property with Long-Term National Tenant Address: 3509 Hwy 277, Carrizo Springs, Texas Lot Size: 2.5 Acres Building Size: 9,310 SF Occupancy: 100% Leased Tenant: FleetPride, Inc. Lease Term Remaining: 2.5 Years Current Rent: $8,051.37/month NNN with 1.5% annual increases Strategically located on a high-visibility stretch of State Highway 277 in Carrizo Springs, Texas, this 2.5-acre industrial property presents a rare investment opportunity with stable in-place income. The engineered metal building totals approximately 9,310 square feet, including 2,170 SF of showroom and office space and 7,140 SF of high-clear warehouse space. The warehouse features three 14' wide by 16' high roll-up doors and a 22' clear height, allowing for efficient logistics and storage operations. The site offers ample warehouse space, excellent ingress/egress, and convenient access for commercial vehicle traffic. The property is leased to FleetPride, the largest independent distributor of heavy-duty truck and trailer parts in the United States. FleetPride has occupied this location for over 13 years, using it as a regional sales hub, and has 2.5 years remaining on their current lease. The tenant pays triple net (NNN) expenses, and the lease includes 1.5% annual rent escalations, providing investors with a stable and predictable income stream. FleetPride Overview: Headquartered in Irving, Texas, FleetPride operates over 300 locations across the country and serves a broad range of customers in the commercial vehicle industry. Known for their extensive parts inventory, technical expertise, and strong nationwide service network, FleetPride is a leader in aftermarket parts distribution for the heavy-duty trucking sector. This offering is ideal for investors seeking a low-maintenance industrial asset with a reliable tenant and strong yield fundamentals in a strategic South Texas market.
Location
State TX
County Dimmit
Area 3100
Interior
Heating Office Only
Cooling Office Only
Exterior
Garage Spaces 17.0
Utilities Available Electricity, Water
Amenities Available Exterior Lighting, Fenced Storage Yard, Inside Storage, Outside Storage, Security Fence
Roof Type Metal
Building
Foundation Slab
Construction Status Metal
Schools
School District Carrizo Springs Cisd
Others
Acceptable Financing Sale Only, Cash, Conventional
Listing Terms Sale Only, Cash, Conventional
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Listed by Clifton Shearrer • Brohill Realty Ltd • (210) 325-7448