215 Acc Rd Mount Vernon, TX 75457

This exceptional Class A industrial property in Mount Vernon, Texas, offers a compelling investment opportunity. The 9,240-square-foot distribution warehouse is 100% occupied by Frito-Lay/PepsiCo under a 20-year triple-net (NNN) lease commencing January 1, 2025, and expiring January 1, 2045. The lease includes a corporate guarantee and annual rent bumps of 1.5%, with an additional 5% increase at two 5-year option points. The property features seven dock-high doors and sits on a 2.01-acre lot (87,556 sq ft). The current Net Operating Income (NOI) is $252,000, with a pro-forma NOI of $269,709, resulting in a 6.00% cap rate and a pro-forma cap rate of 6.42%. Built in 2024, this single-story building offers excellent access to Interstate 30, providing efficient connectivity to regional markets. This investment presents a stable income stream with a creditworthy tenant and significant long-term growth potential. The property is categorized as Core+ Net Lease and is privately owned.