1139 South Virginia Street - Warehouse FOR SALE


Terrell, TX 75160
$4,322,097 USD
310-977-1651
1139 South Virginia Street, Terrell, TX for Sale
$4,322,097 USD
Warehouse - FOR SALE
1/5
null | 6.15% Cap Rate

1139 South Virginia Street
Terrell, TX 75160


OVERVIEW

• FRITO-LAY / PEPSICO – Frito-Lay, a division of PepsiCo, Inc., continues to lead the national snack industry with renowned brands such as Lay’s, Doritos, Fritos, Cheetos, Tostitos, Sun Chips, and Ruffles. In 2024, Frito-Lay North America (FLNA) reported net revenue of $24.75 billion, accounting for approximately 27% of PepsiCo’s total net revenue of $91.85 billion. PepsiCo’s operating profit for 2024 was $12.89 billion, with FLNA contributing $6.32 billion, representing approximately 49% of the total operating profit. PepsiCo maintains a strong credit rating, with S&P Global Ratings assigning an A+ rating and Moody’s Investors Service affirming an A1 rating with a stable outlook. Established in 1898, PepsiCo was formed through the merger of Frito-Lay and Pepsi-Cola in 1965. • STRATEGIC DALLAS-FORT WORTH LOCATION– Situated just +/- 20 miles east of Downtown Dallas, Terrell offers immediate access to the thriving DFW metroplex—one of the fastest-growing industrial markets in the U.S. The property benefits from direct access to I-20, U.S. Highway 80, and SH-34, enabling efficient distribution across Texas and the broader southern U.S. Terrell is positioned within a key logistics corridor that has attracted major industrial users like Walmart, Goodyear, AutoZone, Oldcastle, Madix, and Nucor. With lower property taxes and operating costs compared to the City of Dallas, Terrell provides tenants with meaningful long-term savings. The location combines big-market proximity with small-market economics, making it an ideal hub for a nationally recognized tenant like Frito-Lay/PepsiCo. • BRAND-NEW CONSTRUCTION / FUNCTIONAL INDUSTRIAL – This new distribution warehouse serves as a Product Exchange Center for Frito-Lay/PepsiCo as a ±7,708 square foot building on ±3.30 acres of land (5.32% Building/Lot Coverage). Featuring 7 docks and abundant yard space for truck loading and parking – this property is a highly functional building while also maintaining the ability to further expand the facility with additional square footage in the future. • LONG TERM INDUSTRIAL NNN LEASE / ANNUAL RENT INCREASES – PepsiCo Global Real Estate, Inc. signed a 10-year Industrial NNN lease that commenced in December 2024 featuring 2.00% annual rent increases allowing a strong hedge against inflation. • INCOME TAX FREE STATE – Texas benefits from no state income tax offering significant financial advantages for businesses and investors, enhancing profitability and making it an attractive location for long-term growth and investment.

FOR SALE DETAILS

PRICE

$4,322,097 USD

PRICE/SF

$561 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

7

DRIVE INS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

3.3

LAND SF

143,694

ZONING

-

APN/PARCEL ID

41646

ASK ABOUT THIS PROPERTY

Alexander HarroldMatthews Real Estate Investment ServicesMore Info
310-977-1651

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Alexander HarroldMatthews Real Estate Investment ServicesMore Info
310-977-1651

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.