Industrial    

Frito-Lay Product Exchange Center

 Fort Stockton, TX

Asking Price

$3,174,551

Cap Rate

6.68%

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Land Area

3.87 Acres

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Square Feet

6,762 SF

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Increases

2% Annual

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Base Term

10 Years

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Renovated

2023

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Investment-Grade Parent Company
    PepsiCo (S&P A+ | Moody's A1) generated more than $86 billion in net revenue in 2022
  • Critical Last Mile Location | Strategic Relocation
    Relocation site utilized for distribution to grocers, convenience, and other retailers in West Texas
  • Extensive Recent Improvements
    Major renovation including new roof, docks, paving, drains, office build-out, lighting, etc.
  • Below Replacement Cost
    Provides the Tenant an ideal facility at a fraction of the cost of replace it

  • Long-Term Lease with Annual Rent Growth
    10-year base term commenced July 2023 and features 2% annual rent increases
  • Surplus Outdoor Storage
    Ample amount of outdoor storage and truck parking with room to expand in the future
  • Income Tax-Free State
    The State of Texas does not have individual state income tax

Exclusively Listed By

Brad Pepin, CCIM

Senior Vice President
  bpepin@northmarq.com      918.794.9503

Sage Chaffin

Investment Analyst
  schaffin@northmarq.com   

In Association With
Chris Adams

TX Lic. #619855

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136


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