4167 Fm 1053Fort Stockton, TX 79735

This exceptional investment opportunity presents a fee-simple, 6,762 square foot industrial distribution center in Fort Stockton, Texas, currently leased to Frito-Lay, a subsidiary of PepsiCo, Inc. The property boasts a 10-year net lease (commencing July 1, 2023, and expiring July 31, 2033), with a remaining term of 8.7 years and a 6.75% cap rate generating a $216,301 NOI. The lease includes 2% annual rent bumps and two 5-year renewal options at 95% of fair market value, but not less than 102% of the previous year's rent. Built in 2008 and extensively renovated in 2023, the single-story building features 6 dock-high doors and a 20-foot ceiling height, situated on a 3.87-acre lot. Its strategic location, one mile north of Interstate 10 on FM 1053, provides easy access to major transportation routes, serving as a critical last-mile distribution facility for Frito-Lay's operations in West Texas. The property's strong tenant, favorable lease terms, and recent renovations combine to create a compelling investment with significant long-term potential. The property's location within the energy-rich Permian Basin further enhances its value and stability. The asking price is $3,204,459. This is a rare opportunity to acquire a high-quality, net-leased property with a blue-chip tenant in a rapidly growing region. The property's strong fundamentals and potential for future appreciation make it an ideal addition to any diversified investment portfolio.