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Texas Absolute Net Lease Industrial Portfolio

RealINSIGHT Marketplace and Mission Capital Advisors are pleased to present the sale of the Texas Industrial Portfolio, a 331,387 SF Industrial portfolio comprised of four properties located in Texas. The four properties include the following:
• 12400 Ford Road, Farmers Branch - A 75,709 SF Industrial/Office building built in 1997 and currently 100% leased to The CounterSource.
• 1700 Columbian Club Driver, Carrolton - A 114,310 SF Industrial/Office building built in phases between 1977 and 2001 and currently 100% to leased to Humanetics.
• 7021 South Bentsen Road, McAllen - A 92,468 SF Industrial/Warehouse building built in 1999 and currently 100% leased to Humanetics.
• 12918 Beltex Drive, Manor – 48,900 SF Industrial/Warehouse building built in 1983 and currently 100% leased to Humanetics.
 
This REO Sale offers investors the opportunity to acquire a fully leased industrial Portfolio, which is highly manageable due its tenant (Humanetics) and state concentration (Texas). The properties offer excellent locations in some of the most populous U.S. metropolitan areas which are currently experiencing strong industrial market fundamentals.
 
Sale Highlights
• The Portfolio consists of four single-tenant properties, all of which are currently 100% absolute net leased.
• Three of the Properties are leased to Humanetics, who has been a long-term tenant (since 2005) and recently executed their first extension option with three remaining. One of the properties serves as Humanetics corporate headquarters. The Farmers Branch property just signed The CounterSource for a 124-month term beginning June 2018.
• All properties have excellent locations in some of the nation’s top largest metropolitan areas.
• Texas is the 2nd largest state in the U.S. with a 2018 population estimated at 28.7 million residents, up from 25.1 million at the 2010 Census, with a current growth rate of 1.8% ranking 3rd best in the nation.
• Strong 2018 industrial market fundamentals with Portfolio submarkets vacancy rates as low as 3.5%.
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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Texas Absolute Net Lease Industrial Portfolio

Various, Various, TX Various

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Current Bid:
Starting Bid:

Asset Snapshot

  • Asset Type
  • Real Estate
  •  
  • Industrial Type
  • Warehouse
  • Property Size
  • 331,387 Sq Ft
  • Land Area
  • 38.07 Acres
  • Year Built
  • 1977 - 1999
  • Number of Buildings
  • 4
  • Occupancy
  • 100.00%
  • Occupancy as of
  • Oct 01, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Lamar P. Fisher

      Fisher Auction Company Inc.

      License: #10344