1800 North Polk Street Desoto, TX 75115

Listing agency CBRE - Atlanta m***@cbre.com Show Phone

Listed by Chris Bosworth · License #GA 248342

Source Crexi

Added: Apr 10 Updated: Jul 22 at 9:07AM Checked: Jul 22 at 9:07AM

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Investment Insights

Based on property information with market context.

CBRE, as exclusive representative for Treadmaxx Tire Distributors, Inc., is pleased to offer an industrial portfolio comprised of three warehouse and distribution facilities through a sale/leaseback. The portfolio totals 158,500 square feet across three sites and will be subject to 10-year triple net (NNN) leases. The leases feature a stated year 1 Net Operating Income of $748,750 and annual escalations of 2.00%.

The Treadmaxx Industrial Portfolio is located in DeSoto, Texas (Dallas MSA), North Augusta, South Carolina, and Midway, Florida (Tallahassee MSA). The properties are fully occupied by Treadmaxx.

Treadmaxx is headquartered in Atlanta, Georgia and operates 14 distribution centers across seven states, serving customers in Georgia, Florida, Alabama, South Carolina, North Carolina, Texas, and Ohio. The company operates a fleet of 200 vehicles.

Key Highlights

• Industrial portfolio with three warehouse and distribution facilities totaling 158,500 SF
• Offered via sale/leaseback with 10‑year triple net (NNN) leases
• Year 1 Net Operating Income (NOI) of $748,750 with 2.00% annual escalations

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FAQs

What type of property is this?

Distribution center - Three fully occupied warehouse and distribution facilities are offered under 10-year triple net leases.

Where is this distribution center located?

The property is located at 1800 North Polk Street Desoto, TX.

What are key features of this property?

This property features: Industrial portfolio with three warehouse and distribution facilities totaling 158,500 SF; Offered via sale/leaseback with 10‑year triple net (NNN) leases; Year 1 Net Operating Income (NOI) of $748,750 with 2.00% annual escalations