Listed by Northmarq Capital, LLC
$6,129,756
PepsiCo Distribution Center
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 30,389
Cap Rate 6.25%
NOI $383,130
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 04/30/2032
Rent Bumps Yes
Lease Options 1 x 5-year option
Year Built 2020
Acreage 5.800
Investment Type Net Lease
Lease Commencement 05/01/2020
Ownership Fee Simple
Investment-Grade Parent Company | State-of-the-Art Facility with Expansion Capability
Marketing description
Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire a fee simple interest in the Pepsi
Distribution Warehouse located in Midland, TX (the “Property”). The Property consists of a 30,389-square-foot industrial
facility situated on a 5.8-acre parcel of land. Pepsi has been operating from this location since 2020, supporting its
regional distribution network and logistics operations. See lease abstract for full details.
Investment highlights
MISSION-CRITICAL DISTRIBUTION HUB FOR PEPSICO
RELOCATION SITE WITH TENANT-DRIVEN EXPANSION CAPABILITY
NET LEASE WITH RENTAL ESCALATION
BEST-IN-CLASS TENANT WITH CORPORATE GUARANTY
STRATEGIC LOCATION WITH EXCEPTIONAL LOGISTICS CONNECTIVITY
STRONG DEMOGRAPHICS IN A HIGH-GROWTH REGION
Listing Contacts
Listed by Northmarq Capital, LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$383,130.00
$31,927.50/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
