

1001 Alumax Rd
Industrial | 7.00% CAP | 37,930 SqFt
Marketing description
This offering presents a rare opportunity to acquire a high-quality industrial asset secured by a long-term sale/leaseback with Reliance Mechanical Contractors. The property consists of a well-maintained 37,930 +/- square-foot facility, purpose-built in 2016 and strategically positioned on 5.043 +/- acres in the growing Texarkana/Nash industrial corridor.
The improvements include 6,530 +/- square feet of office space complemented by a 31,400 +/- square-foot warehouse, designed for operational efficiency and scalability. The warehouse is equipped with two dock-high doors and four grade-level doors, supporting a wide range of distribution and service functions. At closing, the property will be leased back to the seller under a 10-year absolute NNN lease, offering investors stable, passive income with minimal landlord responsibilities. The asking basis of $100 per square foot represents a compelling value, positioned below current replacement cost, providing both downside protection and long-term upside potential.
This is an ideal opportunity for investors seeking a newer construction industrial asset with strong tenancy, functional design, and attractive long-term fundamentals in a growing regional market.
Investment highlights
- 10-Year Absolute NNN Lease - Long-term, passive income with zero landlord responsibilities
- Below Replacement Cost Pricing Offered at $100/SF - Providing strong downside protection
- Newer Construction (2016) - Modern, high-quality industrial facility with minimal capital needs
- Mission-Critical Facility - Purpose-built for tenant operations, supporting long-term occupancy
- Strong Tenant with 30+ Year Business - Established regional leader in mechanical contracting with diverse project base
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