1330 N TOWER RD Alamo TX 78516-6862

Northmarq is pleased to present an opportunity to acquire an industrial truck terminal under a sale-leaseback with Aleman Trucking, a cross-border freight transportation provider that delivers to 48 states. Aleman Trucking, which is run by a 3rd generation operator, has been in business since 2014 and currently employs 170 drivers and 30 office staff. The subject property serves as the company’s headquarters and contains a newly constructed state-of-the-art maintenance facility, which is second to none in the area and allows the company to perform its own repairs and maintenance.

The property consists of two warehouse-office buildings totaling 17,332 square feet, a 1,767 square foot wash rack, and two 288 square foot storage canopies situated on 10.00 acres of land. The northeast corner of the property contains a 1,932 square foot 3-bedroom house, which is currently used for corporate housing. The site has also been improved with asphalt and caliche paving, perimeter fencing, and parking lot lights.

At the close of escrow, Aleman Trucking will sign a 20-year absolute net lease with zero landlord responsibilities. The lease will feature 2.5% annual increases and four (4), five-year extension options. Please contact the listing agents for additional details.

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.