This exceptional industrial investment opportunity in Robstown, Texas, presents a 19,000-square-foot warehouse currently leased to two tenants. The property boasts a strong 10.52% capitalization rate and an asking price of $1,800,000 ($94.74 per square foot). Built in 2001 and situated on a 5.34-acre lot, the property is zoned for light industrial use and features 11,025 square feet of office space divided into two suites: Suite A (7,000 SF) and Suite B (4,025 SF). An 8,000-square-foot warehouse is connected to Suite A, equipped with one loading dock, three 14'H x 12'W automatic overhead doors, and one 8' x 8' rolling door. The warehouse underwent a reskinning of its metal exterior in 2020. Both the office and warehouse spaces feature LED lighting. The property also includes secured and paved yard space. Tenancy is multi, with WS Energy Services LLC leasing 15,000 SF until November 30, 2025, with 5% annual rent increases, and Geo Transport leasing 4,025 SF until April 30, 2027, with 3% annual rent increases. Recent improvements include a remodeled office, warehouse, and yard, along with new exterior paint. Importantly, the property is free of asbestos and has a clean Phase 1 Environmental report with a "No Further Action" letter. This is a turnkey investment opportunity with significant upside potential. Located at 709 E Main Ave, Robstown, TX 78380.
The property is located at 709 Main Ave Robstown, TX.
What is the asking price?
The asking price for this property is $1,800,000.
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Chandler Moreau
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Main Ave Robstown, TX 78380
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Main Ave Robstown, TX 78380
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709 Main Ave
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