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Property profile & analytics
OFF-MARKET
Warehouses

2146 5Th Ave Port Arthur, TX 77642

8.14 ac lot Built 1978
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 45,062-square-foot warehouse in Port Arthur, Texas, situated on an 8.14-acre lot at 2146 5th Ave, 77642. The property boasts 10 dock-high doors and 30 parking spaces. Currently 100% occupied by a single tenant under a 20-year absolute triple net (NNN) lease, this sale-leaseback offers a compelling 8.50% capitalization rate with a strong NOI of $286,144. The lease includes a 2.5% annual rent increase, providing consistent income growth. Lease options include four 5-year terms or two 10-year terms. The tenant, specializing in above-ground storage tank construction, repair, and maintenance, serves key industries including petroleum, agriculture, power generation, and chemicals. The property, built in 1978, is zoned for Special Use Permit (SUP) and benefits from its strategic location between Houston and Lafayette, directly off Highway 10, with potential for future expansion. The tenant's financial profile is strong, and the property is mission-critical to their operations. Significant investment has been made in the facility's machinery and equipment. This is a rare opportunity to acquire a stable, high-yielding industrial asset with a long-term, secure lease.

Property profile
Verified
Property type Warehouses
Year built 1978
Lot 8.14 ac (354,578 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pat Tank Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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