NNN Industrial Warehouse
7139 Old Hearne Rd Hearne, TX 77859
New
For Sale
$1,050,000
Single-tenant 7,640 SF industrial warehouse offered with a 5-year NNN sale-leaseback structure.
Property Size7,640 SF
Price / SF$137.43
Days on Market3
Property Features for 7139 Old Hearne Rd
General Information
- Standard status
- Active
- Size
- 7,640 SF
- Property subtype
- Single-Tenant Industrial
Building Details
- Year Built
- 2018
Listing Agency:
Houston Office
(713) 452-4370
Listed By:
Preston Williams · License #License(s): TX: 839673
(713) 452-4370
Source:
Marcusmillichap
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 26 at 2:56AM
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 Houston Office
Investment Insights
Based on property information with market context.
Marcus & Millichap presents a 5-year NNN sale-leaseback opportunity featuring a 7,640 SF industrial warehouse in Robertson County, Texas. The property is currently owned and operated by Crossroads Concrete Services under a single-tenant NNN arrangement.
The location is roughly 20 minutes outside Bryan, placing it within reach of the Bryan–College Station corridor. Additional flexibility is available through an income-producing Manufactured Housing/RV Park on the adjacent parcel, allowing for a potential two-asset acquisition under one ownership structure.
The location is roughly 20 minutes outside Bryan, placing it within reach of the Bryan–College Station corridor. Additional flexibility is available through an income-producing Manufactured Housing/RV Park on the adjacent parcel, allowing for a potential two-asset acquisition under one ownership structure.
Key Highlights
- 7,640 SF industrial warehouse in Robertson County, Texas, built in 2018.
- 5‑year NNN sale‑leaseback offered as a single‑tenant industrial investment.
- Tenant is Crossroads Concrete Services, currently owned and operated by the business at the property.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.3k | $18.36 |
| − Vacancy | −$7.0k | −$0.92 |
| EGI | $133.3k | $17.44 |
| − OpEx | −$60.0k | −$7.85 |
| NOI | $73.3k | $9.59 |
7,640 SF · lease $18.36/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$916.1K – $1.22M
NOI $73,291 @ 7.0% cap · market cap 6.98%
Second Best
Warehouse
$794.9K
$695.5K – $927.4K
NOI $55,641 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$1.88M
$1.65M – $2.19M
NOI $131,689 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Warehouse - Single-tenant 7,640 SF industrial warehouse offered with a 5-year NNN sale-leaseback structure.
Where is this warehouse located?
The property is located at 7139 Old Hearne Rd Hearne, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 7,640 SF industrial warehouse in Robertson County, Texas, built in 2018.; 5‑year NNN sale‑leaseback offered as a single‑tenant industrial investment.; Tenant is Crossroads Concrete Services, currently owned and operated by the business at the property.
