5198 FM 1327 Creedmoor TX 78610-2015

Marketing Description

Exceptional opportunity to acquire a fully leased, modern industrial investment property in the high-growth Austin MSA. Situated on approximately 3.84 acres, this ±35,400 SF facility was constructed in 2020 and is 100% leased to SI Mechanical, LLC, a subsidiary of PremiStar—one of the nation’s largest HVAC, plumbing, and building solutions platforms.

The property features high-quality construction with a blend of manufacturing, warehouse, and professional office space, including a two-story, ±10,000 SF office component. Located just minutes from SH-45 and I-35, the site offers excellent accessibility to the greater Austin market and benefits from proximity to key transportation corridors and industrial users.

The lease includes built-in 3% annual rental increases, three one-year extension options, and is structured as a NN+ lease—providing the investor with predictable cash flow while limiting landlord responsibilities primarily to structural components and capital systems replacement. Tenant is responsible for taxes, insurance reimbursement, utilities, and operational maintenance.

This is an ideal investment for buyers seeking stable income, a creditworthy tenant, and long-term upside in one of Texas’ fastest-growing industrial corridors.

Investment Highlights

• Mission-Critical Tenant: SI Mechanical, LLC (PremiStar affiliate) operates its regional design, fabrication, and service headquarters at the site.

• Strong Lease Economics: $480,276 in initial base rent with 3% annual escalations throughout the primary term and option periods.

• Stable Long-Term Cash Flow: Lease runs through May 2029 with three (3) one-year extension options.

• NN+ Lease Structure: Tenant covers taxes, insurance premiums, maintenance, and utilities; Landlord limited to structural/capital systems.

• Recent Construction (2020): Modern building systems, septic, and high-efficiency HVAC in place; minimal near-term CapEx expected.

• High-Growth Corridor: Located southeast of Austin with quick access to SH-45, I-35, and Tesla’s GigaTexas facility.

• Desirable Building Mix: ±25,400 SF warehouse/manufacturing + ±10,000 SF office across two levels.

• Attractive Basis: Priced below replacement cost and in line with recent industrial comps in the submarket.