1313 Gadlin St Mount Vernon, TX 75457
New industrial triple net lease with secure income stream.
Property size:
9,240 SFLot size:
87,556.00 AcresProperty Features for 1313 Gadlin St
General Information
- Standard status
- Active
- Size
- 9,240 SF
- Lot size
- 87,556.00 Acres
Building Details
- Year built
- 2025
Source:
Crexi
Listing Agency: Crescent LLC Listing Agent: Russell Watson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Frito-Lay Distribution Center For Sale
The Frito-Lay P.E.C., currently under construction with delivery scheduled for Q1 2025, is a state-of-the-art distribution warehouse spanning approximately 9,240 square feet on 2.01 acres of land. The property features modern amenities, including 7 docks and ample yard space for truck loading and parking, designed for maximum efficiency. Its design allows for potential future expansion, offering flexibility to accommodate evolving business needs. PepsiCo Global Real Estate, Inc. has signed a secure 10-year industrial triple net lease for the Frito-Lay P.E.C., providing investors with a stable income stream. The lease commences in March 2025 and includes annual rent increases of 1.5%, providing a strong hedge against inflation and ensuring the property’s income growth over time. The parcels of land surrounding the Frito Lay are also For Sale: LOT 1 - 1.49 ACRES - $315,810 \/ LOT 2 - 1.49 ACRES - $315,810 \/ LOT 3 - 2.56 ACRES.
Location Intelligence
Current Use by Public Records
Distribution centers
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Franklin
- State
- Texas
- Longitude
- -95.222812
- Latitude
- 33.164735
Nearby Similar for Sale
FAQs
What type of property is this?
Distribution center - New industrial triple net lease with secure income stream.
Where is this distribution center located?
The property is located at 1313 Gadlin St Mount Vernon, TX.
What are key features of this property?
This property features: - Secure 10-year industrial triple net lease with PepsiCo Global Real Estate, Inc. (Frito-Lay P.E.C.) guaranteeing stable income.; - Annual rent increases of 1.5% provide a hedge against inflation and ensure income growth.; - New construction (delivery Q1 2025) featuring a state-of-the-art distribution warehouse.
