Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!!...

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Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. contact information Matthew Cravey, SIOR, CCIM, RECS (361) 289 5168 Office x 301 (361) 877 2463 Cell (361) 289 5442 Fax 5541 Bear Lane, Suite 240 Corpus Christi, TX 78405 [email protected] http://craveyrealestate.com FleetPride 69,280 Total SF on 10.04 acres Building #1 8,000 SF Office/Showroom 20,000 SF - Warehouse 30,000 SF - Shop Building #2 8,000 SF Truck Wash Building #3 3,280 SF - Warehouse Great Location, accessibility and direct frontage. Stable Investment, brand new 10 year lease with 3% annual rent increases. 7.65% Cap Rate Second Year (Actual) 10 Year Lease 3% Annual Rent Increases Lease expires Feb. 28, 2026 YEAR CAP RATE 1 7.18 2 7.65 3 7.88 4 8.12 5 8.36 6 8.61 7 8.87 8 9.14 9 9.41 10 9.69

Transcript of Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!!...

Page 1: Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information

Sale Price: $10,500,000

REDUCED!!!

$9,200,000

INDUSTRIAL NET LEASE

7749 Interstate 37, Corpus Christi, TX

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable. We have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

contact information

Matthew Cravey, SIOR, CCIM, RECS

(361) 289 5168 Office x 301

(361) 877 2463 Cell

(361) 289 5442 Fax

5541 Bear Lane, Suite 240

Corpus Christi, TX 78405

[email protected]

http://craveyrealestate.com

FleetPride 69,280 Total

SF on 10.04 acres

Building #1

• 8,000 SF

Office/Showroom

• 20,000 SF -

Warehouse

• 30,000 SF - Shop

Building #2

8,000 SF – Truck

Wash

Building #3

• 3,280 SF -

Warehouse

Great Location, accessibility

and direct frontage. Stable

Investment, brand new 10

year lease with 3% annual

rent increases.

7.65% Cap Rate Second Year (Actual)

10 Year Lease

3% Annual Rent Increases

Lease expires Feb. 28, 2026

YEAR CAP RATE

1 7.18

2 7.65

3 7.88

4 8.12

5 8.36

6 8.61

7 8.87

8 9.14

9 9.41

10 9.69

Page 2: Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information

FleetPride

The information contained herein has been given to us by the owner of the property or other sources

we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All

information should be verified prior to purchase or lease.

Truck/Trailer Wash Truck/Trailer Shop

Offices/Display Counter and Parts

Warehouse

Building #1

Building #1 Building #2

Page 3: Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information

FleetPride

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable. We have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

Building #3

Warehouse

Page 4: Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information

FleetPride

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable. We have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

Page 5: Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information

FleetPride

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable. We have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

Page 6: Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information

FleetPride

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable. We have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

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Aerial Map

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable. We have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

FleetPride

Fle

etP

ride

FleetPride

FleetPride

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Area Map

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable. We have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

SI

TE

Page 9: Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information

Area Map

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable. We have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

Page 10: Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information

Survey Plat

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable. We have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

Page 11: Sale Price: INDUSTRIAL NET LEASE 7749 Interstate 37 ......Sale Price: $10,500,000 REDUCED!!! $9,200,000 INDUSTRIAL NET LEASE 7749 Interstate 37, Corpus Christi, TX The information

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