2146 5Th Ave Port Arthur, TX 77642
8.5% Cap Rate, 20-Year Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- 20-year absolute triple-net lease with 2.5% annual rent escalations.
- Sole-source tenant providing comprehensive tank repair services (engineering, design, fabrication, coating).
- Tenant exhibits strong financials and positive performance trends.
- Mission-critical facility generating 100% of tenant's revenue.
- Strategic location on Highway 10 between Houston, TX and Lafayette, LA.
- Expansion potential on-site.
Property Details for 2146 5Th Ave
- Property type
- Warehouses, Industrial properties
- Year Built
- 1978
- Lot Size (sq. ft)
- 354,578 SF
Location Insight
- City
- Port Arthur
- County
- Jefferson
- State
- Texas
- Latitude
- 29.9066269
- Longitude
- -93.9288323
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - 8.5% Cap Rate, 20-Year Lease
- Where is the warehouse located?
- The property is located at 2146 5Th Ave Port Arthur, TX.
- What is the asking price?
- The asking price for this property is $3,366,396.
- What are key features of this property?
- This property features: 20-year absolute triple-net lease with 2.5% annual rent escalations.; Sole-source tenant providing comprehensive tank repair services (engineering, design, fabrication, coating).; Tenant exhibits strong financials and positive performance trends.
- How can I contact the broker?
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