227 S Hwy 35 Bypass
60 month lease extension commenced on January 1st, 2026
Marketing description
Rockport Industrial Investment Opportunity
Positioned directly on the Highway 35 Bypass frontage
road, this high-visibility industrial asset offers a rare
combination of showroom presence, heavy-load storage
capability, and operational flexibility — making it ideal
for logistics, distribution, service operators, or owner
users seeking long-term value and expansion potential.
Investment highlights
Financial Summary
Sale Price: $1,900,000
Lease Structure: Absolute NNN
Monthly Base Rent: $11,499.00
Annual Base Rent: $137,988.00
Cap Rate: 7.25%
Lease Term:
60-month renewal executed 01/01/2026
Lease Expiration: 12/31/2030
Tenant is responsible for taxes, insurance, and
maintenance, creating a passive ownership profile
with predictable net income.
Tenant:
City Electric
In the United States alone, 677 branches have 2,500 people trained to serve you. We have over 1,250 vehicles around the USA that we use to offer you FREE DELIVERY on locally stocked electric supplies, allowing you to stay on a job site and not lose time picking up the things you need. Our pricing is consistent and competitive locally and nationally.
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