Advance Battery - Pharr, TX
Corp Guaranteed | 7.86% CAP | $1,450,000
Marketing description
Texas Invest Co is pleased to present a Corporately Guaranteed Advance Battery NNN lease asset encompassing 17,868 SF on 1.299 Acres. It is in a prime location surrounded by brand new developments. It is located in the bustling City of Pharr, Texas. The project is located just off Interstate 2 which runs right through the center of the City.
Pharr is home to the bustling Pharr International Bridge which borders with Reynosa, Mexico and facilitates $47 billion in global trade annually, making it a logistical hub with access to two international airports and the interstate. Pharr’s community-centric approach drives innovation and technological advancement, making Pharr an ideal business location.
Positioned at the nexus of major highways and transportation networks, Pharr offers unparalleled connectivity and accessibility. The city is within easy reach of major markets in Texas and Mexico, making it an ideal distribution hub for local, regional, national, and international commerce.
Investment highlights
Priced far below replacement cost at only $88 PSF
NNN Lease
17,868 SF - 1.299 Acres
Advance Battery in Burleson, TX also available
Guarantor: Continental Battery Company. Founded: 1932 in Dallas, TX
No. of locations: 205 and growing
No. of retailers: 40,000+
Annual Revenue: $1.2 Billion
Tenant recently renewed their lease showing commitment to the site
Pharr outpaces the state and national average growth rate by 34% and 146% respectively
Pharr’s Population is just over 82k
#1 Bridge for Produce crossings in the nation
7th Largest and fastest growing land port of entry nationwide
$47 Billion in annual Global Trade in 2022
Daily Vehicle Miles in Pharr: 23 Million
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