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10839091
10839102

3509 N 3rd St, Temple, TX 76501

NT
TX 9008666, 657711 (+1)
Rifle CRE
Rifle CRE
Listed by Rifle CRE
Unpriced
1147 days on market
Updated 41 days ago

3509 N 3rd St

Details
APN 70567
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 17,770
Net Rentable (SqFt) 17,770
Cap Rate 5.30%
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Term 3
Lease Expiration 06/29/2027
Remaining Term 1.1
Rent Bumps Yes
Lease Options 1 @ market
Class B
Year Built 1996
Year Renovated 2023
Buildings 2
Stories 1
Acreage 3.980
Zoning LI
Investment Type Value Add
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 06/30/2024
Occupancy Date 06/30/2024
Ceiling Height 16

Over 17k sf of office/warehouse on 3.98 acres of stabilized outside storage yard fronting I-35.

Marketing description

Rifle CRE is pleased to present 3509 N 3rd Street in Temple, TX for sale. The recently renovated industrial outside storage site is home to Mastec (#347 on Fortune’s 500 list), who leased the site for the next 3 years. The property consists of over 17,000 SF of improvements situated on 3.98 acres and fronting I-35.

The property is fully fenced, gated and stabilized. The front building is almost fully climate controlled with drop ceiling, and used to serve as a showroom for a heavy equipment dealer. The rear building was the service bay and is warehouse only.

Recently Renovated Buildings Feature All New Hvac Systems. Both Buildings Offer Outside Covered Storage.

Investment highlights

  • 17,770 SF IOS site situated on 3.98 fully stabilized acres

  • 300' of Frontage on I-35n Facing Over 80,000 Cars Per Day

  • Fortune 500 Tenant in place

  • Climated Controlled Showroom/office and Warehouse w/ new HVAC

  • Eight (8) 12x12 Grade Level Doors

  • 3 phase/4wire 208/120v 400a Service

  • 2 Minutes From Buccees

Listing Contacts

NT
TX 9008666, 657711 (+1)
Rifle CRE
Rifle CRE
Listed by Rifle CRE

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Additional Information

Name
Nick Terry, SIOR, CCIM
License
9008666
Brokerage
Rifle Brokerage, LLC
Title
Real Estate Broker
Brokerage Address
401 Franklin Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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