Industrial    

Aleman Trucking
(Sale-Leaseback)

 Alamo, Texas

Asking Price

$4,750,000

Cap Rate

8.00%

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Expenses

Abs NNN

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Initial Lease Term

20 Years

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Site Acres

10.0 AC

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Total Building Area

17,332 SF

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Rent Increases

2.5% Annually

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • LONG-TERM ABSOLUTE NNN SALE-LEASEBACK
    Aleman Trucking will be executing a brand new, 20-year absolute triple-net (NNN) lease with zero Landlord responsibilities.
  • HIGH YIELD INVESTMENT
    Listed at an 8.0% cap rate with an annualized net income of $380,000 in year 1 and includes 2.5% annual escalators as a hedge against inflation and rising interest rates.
  • MISSION CRITICAL REAL ESTATE
    The company has invested close to $2 million to improve the property, and it has been carefully designed to meet the company’s needs for many years to come.
  • STRONG CORPORATE GUARANTY
    Aleman Trucking generated over $35 million in revenue each of the last two years and is a highly profitable trucking company that was founded 10 years ago.
  • INDUSTRIAL OUTDOOR STORAGE
    The 10.0-acre parcel has a building coverage ratio of less than 5% and provides ample space for truck, trailer, and equipment storage.
  • HIGH BARRIER TO ENTRY INDUSTRIAL MARKET
    Hidalgo County features a growing industrial market that plays an important role in trade between the United States and Mexico, exhibiting sub-4% vacancy and cumulative rent growth of 18% over the past three years.
  • STRATEGIC LOCATION
    The property is conveniently located within miles of I-2 and I-69C (over 100K average daily traffic count) and lies in the McAllen-Edinburg-Mission metropolitan area, which is the fifth-most populous MSA in the state of Texas and one of the fastest-growing in the U.S.

 

Exclusively Listed By

Anthony Cohen

Vice President
  acohen@northmarq.com      310.456.4853

 

In Association With:

Brett Butler

TX Lic #558227

Northmarq

10960 Wilshire Blvd Suite 1405
Los Angeles, CA 90024

northmarq.com