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29161320
29161321

5455 TX-347, Nederland, TX 77627

Wheeler Commercial
Listed by Wheeler Commercial
$700,291
156 days on market
Updated 65 days ago

Leased Industrial Investment Property

Details
APN 009340-000-000206-00000
Property Type Industrial
Sub Type Flex, R&D
Square Footage 9,543
Units 1
Cap Rate 7%
NOI $49,019
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 5
Lease Expiration 09/30/2028
Remaining Term 2.3
Rent Bumps Yes
Lease Options 2-60 month options
Price per SqFt $73
Year Built 1998
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.550
Zoning None
Investment Type Stabilized
Lease Commencement 10/01/2023
Ground Lease No

Solid Investment with 3% yearly increases

Marketing description

Looking for a prime investment opportunity in TX? Presenting 5455 N Twin City Hwy, Nederland, TX - a property leased to Relevant Industrial, offering a solid 7% CAP rate. With a tenant committed until 2028 and 3% yearly rent increases, this is a lucrative long-term investment with a 2025 NOI of $49,019.83.

The 9,543 SF office/warehouse sits on 0.55 acres, boasting excellent ingress/egress and visibility on Highway 347, near the area's refineries. The tenant, Relevant Industrial, is a reputable company providing tailored solutions for industrial needs in SETX and has invested significantly in this location.

Don't miss out on this fantastic opportunity to own a property with a reliable tenant and potential for growth. Call Today at 409.899.3300 to learn more about this fantastic investment.

Investment highlights

  • 7% CAP

  • Solid Tenant

  • 3% yearly rent increases

Listing Contacts

Wheeler Commercial
Listed by Wheeler Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$49,019.00
$4,084.92/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

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