3509 3Rd StTemple, TX 76501

This exceptional value-add industrial property, located at 3509 N 3rd St, Temple, TX 76501, presents a compelling investment opportunity. The 17,770-square-foot facility sits on a 3.98-acre lot, boasting 300 feet of frontage on I-35, a high-traffic artery with over 80,000 cars passing daily. Currently 100% occupied by a Fortune 500 tenant (Mastec) under a modified lease with a corporate guarantee, the property offers a stable income stream. The lease commenced July 1, 2024, and expires June 30, 2027, with a remaining term of approximately 2.6 years. The lease includes 3.5% annual base rent increases. The property features two single-story buildings, constructed in 1996 and extensively renovated in 2023. Improvements include a climate-controlled showroom/office area with new HVAC systems, eight 12x12 grade-level doors, and a robust 208/120v 400a, 3-phase/4-wire electrical service. The property is fully fenced and gated, offering ample outside storage. The zoning is LI. The property's features, prime location, and strong tenant make it an attractive investment with a 5.30% cap rate. One lease option exists at market rate. The APN is 70567. This is a rare opportunity to acquire a well-located, high-traffic industrial property with significant upside potential.