1901 Mozelle St Edinburg, TX 78577

This exceptional investment opportunity presents a fee-simple interest in an 11,000-square-foot distribution/warehouse facility in Pharr, Texas, fully leased to Sunbelt Rentals, Inc., a subsidiary of Ashtead Group (S&P: BBB-). The property, situated on 0.635 acres at 1901 W Mozelle St, boasts a newly signed, seven-year net lease (NNN) with a commencement date of February 29, 2024, and an expiration date of April 30, 2031, leaving 6.4 years remaining. The lease includes attractive 4.00% annual rent increases, ensuring consistent cash flow growth. The property, built in 2005 and renovated in 2024, features a current NOI of $89,232, representing a 6.65% cap rate at the asking price of $1,342,000 ($122/sq ft). This strategically located asset is only 1.45 miles from the I-2 & I-69C interchange, providing easy access to the Pharr International Bridge and major transportation routes. The property is part of Sunbelt's Power & HVAC division, their largest specialty rental line, aligning perfectly with their ambitious five-year growth plan. Pharr's location within the rapidly expanding McAllen MSA, a leading port submarket for US-Mexico trade, further enhances the investment's appeal. The current rent is below market, offering significant upside potential. This is a rare opportunity to acquire a high-quality industrial asset with a strong tenant, attractive lease terms, and significant growth prospects in a dynamic market. The property's below-replacement-cost pricing adds to its compelling investment profile. The Texas location offers additional benefits, including no personal income tax and a strong business environment.