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Net-Leased Distribution Center
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1651 Enterprise Street, Athens, TX 75751

Schneider Electric occupies the facility under a net lease with six years remaining on the current term.

Property Size395,970 SF
Lot Size35.00 Acres
Days on Market12

Property Features for 1651 Enterprise Street

General Information

Standard status Active
Size 395,970 SF
Lot size 35.00 Acres
Property subtype Industrial
Occupancy 100%

Additional Details

Warehouse Space 395,970 SF

Building Details

Buildings 1
Building Size 395,970 SF
Tenancy Single
Listing Agency: Newmark - Dallas
Listed By: Jerry Hopkins · License #TX 802595
Source: Crexi
Added: Sep 16 Changed: Sep 24 Last Checked: Sep 26 at 7:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Dallas

Investment Insights

Based on property information with market context.

This 395,970-square-foot distribution center occupies a 35-acre site in Athens, Texas. Schneider Electric USA, Inc. leases the property on a net basis, and the company has operated there for 21 years. The current lease has six years remaining and provides for 3.00% annual increases.

The facility is one of two distribution centers in Schneider Electric’s North American logistics network. Its scale, site area, and existing occupancy define the property’s current configuration.

Key Highlights

  • 395,970‑square‑foot distribution center on 35 acres
  • 100% net‑leased to Schneider Electric USA, Inc.
  • Six years remain on the current lease, with 3.00% contractual annual increases

Property Analytics

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Current Use

Schneider Electric Warehouse & Storage

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Parts Store HVAC Service Hair Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

Demographics for 75751, TX

17,100
Population
7,432
Households
2.3
Avg Household Size
39
Median Age
20%
College-Educated
85%
High-School Grad
180.4 sq mi
ZIP Area
95
Density / Sq Mi
$71,524
Median Household Income
$31,897
Median Earnings
$1,063
Median Rent
$205,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - Schneider Electric occupies the facility under a net lease with six years remaining on the current term.
Where is this distribution center located?
The property is located at 1651 Enterprise Street Athens, TX.
What are key features of this property?
This property features: 395,970‑square‑foot distribution center on 35 acres; 100% net‑leased to Schneider Electric USA, Inc.; Six years remain on the current lease, with 3.00% contractual annual increases
(918) 809-9616 Call to check price and availability
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