Mission Supply
Industrial | 8.75% CAP | 24,270 SqFt
Marketing description
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 111 Industrial Boulevard in Mansfield, Texas, occupied by the owner, Mission Supply and Pacific Management. The subject property consists of approximately 24,270 square feet of warehouse space and is situated on 1.35 acres of land. The two-building asset features metal construction/roofing, four suites, a clear height of 18’, three-phase heavy power with 200 amps and 240 volts, and 20 parking spaces. Equipped with 10 drive-in doors, the property also has one dock-high platform with a dual grade-level entrance to two separate suites. Recent renovations have been made to the parking lot, office space, and exterior painting. Mission Sales and Supply plans to execute a partial triple-net leaseback at $11.00 per square foot. Established in 2005, Mission Sales and Supply is a leading distributor of specialty vibration control systems.
Investment highlights
• 24,270-Square-Foot Industrial Asset Situated on 1.35 Acres
• Partial Sale-Leaseback with Mission Sales and Supply
• Opportunity For Owner-Use or Investor to Lease and Cash Flow Shallow Bay Asset
• Features 11 Grade-Level Doors, One Dock-High Door, and 18’ Clear Heights
• Recent Renovations to the Parking Lot, Office Space, and New Paint
• Four +/- 6,000 Square-Foot Suites that are Individually Metered
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