Listed by Matthews
$4,905,000
Builders FirstSource (NYSE: BLDR) | 8% Cap | 2025 Expansion
Details
APN 49432
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 105,000
Cap Rate 8.00%
NOI $392,400
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 03/31/2029
Remaining Term 3
Rent Bumps Yes
Lease Options (1) 5-Year @ Cumulative CPI % Increase (20%)
Price per SqFt $47
Year Built 2025
Year Renovated 1990
Acreage 9.490
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 04/01/2024
Ground Lease No
Builders FirstSource (NYSE: BLDR) | 8% Cap | 2025 Expansion
Marketing description
Patrick Graham
Broker of Record
License No. 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
Investment highlights
- STRONG CORPORATE GUARANTEE (FORTUNE 300 COMPANY) – Builders FirstSource (NYSE: BLDR) is the nation’s largest supplier of structural building products with over 590 locations throughout 43 states. Publicly traded on the NYSE, BLDR is a Fortune 300 company with approximately $17B in annual revenue.
- NEW 2025 CONSTRUCTION / TENANT-DRIVEN EXPANSION – In 2025, a brand-new 40,000 SF warehouse was constructed on the property specifically to accommodate Builders FirstSource’s operational expansion. The property now features two (2) highly functional industrial buildings totaling 105,000 SF on 9.49 acres, 100% leased to Builders FirstSource.
- UPCOMING 20% RENT INCREASE / VERY ATTRACTIVE BASIS ($46 PSF) – The Industrial NNN lease offers true passive ownership and includes a favorable Cumulative CPI Percent Increase in the 2029 option period (up to a 20% Increase). Investors have a rare opportunity to acquire a newly constructed mission-critical facility leased to a Fortune 300 tenant at just $46 per SF.
- STRATEGIC EAST TEXAS LOCATION / INCOME TAX FREE STATE – Located in the heart of East Texas, Henderson benefits from five major highways converging to form “The Star” (Texas 64, US 259, Texas 43, US 79 N & S), creating exceptional logistical connectivity for industrial operations. Texas further benefits from being an Income Tax Free State.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$392,400.00
$32,700.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Zoning
I2 IndustrialGeneral Industrial
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View all 254 uses Last updated Jan 15, 2026 For deeper zoning details, reports are available at Zoneomics
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