Atmos Energy Office & Service Center

Transwestern National Net Lease | Sale Leaseback Group is pleased to present a single-tenant absolute triple net office building and warehouse/service building property totaling approximately 9,790 square feet on 2.232 acres corporately leased to Atmos Energy at 142 North FM 730, Boyd, Texas.​ Boyd, Texas is 35 miles northwest of Fort Worth.​ Atmos Energy is one of the largest natural-gas-only distributors in the United States.​

Having occupied the Property since late 2005, and indicating a strong commitment to the site, Atmos Energy early extended its lease for an additional three (3) years, providing more than 3.5 years of remaining lease term with a new expiration of November 30, 2028.​ Tenant has one (1) remaining three (3) year renewal option by providing twelve (12) months’ prior written notice.​

Boyd, Texas is a charming rural community in Wise County with a county-wide population of 78,097.​ Although most of the county population comes from Decatur, located 12 miles directly north, Boyd is itself experiencing significant population growth, growing 6.32% annually and having experienced an increase in population of 31.18% since the most recent census in 2020.​

Atmos Energy, a publicly traded corporation (NYSE: ATO), provides natural gas service to more than three million customers in 1,400 communities in nine states.​ Its roots can be traced back to the Texas Panhandle nearly 120 years ago.​ For the fiscal year 2023, Atmos generated more than $4.2 billion in total operating revenues in fiscal year 2023 with more than $1 billion in total comprehensive income.​ Atmos Energy’s S&P credit rating is “A-1”.​

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  Atmos Energy is a publicly traded company (NYSE: ATO) and is an exceptionally strong national credit tenant (S&P: “A-1”)

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  Total operating revenue in fiscal year 2023 of more than $4.2 billion and more than $1 billion in total comprehensive income

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  Property was a build-to-suit for Atmos in 2005

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  Property located just 35 miles northwest of downtown Fort Worth

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  The Property consists of two buildings: an office building containing approximately 4,430 square feet and a warehouse/service center building with 5,360 square feet. The Property also benefits from industrial outside storage

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  Tract size is 2.232 acres

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  NOI: $200,000 effective as of 12/1/2025 through 11/30/2028 (three year extension)

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  Current NOI is $220,212 through 11/30/2025

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  Average remaining NOI for the remaining lease term as of 4/1/2025 is $203,675

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  Asking price is priced based on new NOI of $200,000 effective 12/1/2025. However, the buyer benefits from an extra $1,684 per month in higher rent for each month the buyer owns the property prior to 12/1/2025

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  Nearly 20 years of operating history at this site

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  Recent three-year early lease extension indicates strong commitment to the site resulting in more than 3.5 years of remaining lease term

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  Absolute triple net lease with no landlord responsibilities

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  Property serves critical Atmos Energy’s field operations in this far northwest quadrant of the Dallas/Fort Worth area