215 Acc rd - Distribution FOR SALE


Mount Vernon, TX 75457
$4,200,000 USD
913-515-7652
215 Acc rd, Mount Vernon, TX for Sale
$4,200,000 USD
Distribution - FOR SALE
1/3
null | 6% Cap Rate

215 Acc rd
Mount Vernon, TX 75457


HIGHLIGHTS

  • In between multiple high way interchanges
  • Right next door to Love's Truck Stop - Love's is currently expanding
  • Corporately Backed Lease
  • Pads available for Expansion
  • Net Lease Passive Income

OVERVIEW

Marketing Description Lease commences in March 2025. PepsiCo Global Real Estate, Inc. has signed a secure 10-year industrial triple net lease for the Frito-Lay P.E.C., providing investors with a stable income stream. The lease includes annual rent increases of 1.5%, providing a strong hedge against inflation and ensuring the property’s income growth over time. Currently under construction with delivery scheduled for Q1 2025, the Frito-Lay P.E.C. boasts a state-of-the-art distribution warehouse spanning approximately 9,240 square feet on 2.01 acres of land featuring modern amenities, including 7 docks and ample yard space for truck loading and parking, the property is designed for maximum efficiency. Moreover, its design allows for potential future expansion, offering flexibility to accommodate evolving business needs. The parcels of land surrounding the Frito Lay are also For Sale: LOT 1 - 1.49 ACRES - $315,810 / LOT 2 - 1.49 ACRES - $315,810 / LOT 3 - 2.56 ACRES Investment Highlights The Frito Lay Product Exchange Center (P.E.C.), situated on Gadlin St in Mt Vernon, Texas, is the cornerstone of this investment opportunity. Spanning approximately 9,240 square feet on 2.01 acres of land, this modern distribution warehouse is strategically located within Franklin County, Texas. It offers convenient access to major transportation routes, including Interstate 30 (I-30), enhancing connectivity to regional markets. INVESTMENT HIGHLIGHTS Investors can choose to participate in the integrated offering, leveraging both the stable income from the pre-leased industrial property and the growth potential of the adjacent land parcels. Alternatively, they have the option to evaluate and purchase the land parcels separately, tailoring their investment strategy to their preferences and objectives. SUMMARY OF THE INTEGRATED OFFERING & INDIVIDUAL PARCELS APPROACH Stable Income Stream: The Frito Lay P.E.C. offers a stable income stream through a longterm lease with Rolling Frito-Lay Sales, LP, a subsidiary of PepsiCo, Inc. This lease provides investors with predictable cash flow and income stability. Creditworthy Tenant: Rolling Frito-Lay Sales, LP, backed by PepsiCo, Inc., is a market leader in the snack industry with a strong credit rating (A+). Investors benefit from the financial strength and stability of the tenant, reducing the risk of lease default. Prime Location: Strategically located within Franklin County, Texas, the Frito Lay P.E.C. benefits from its proximity to major transportation routes, including Interstate 30. This prime location enhances accessibility and facilitates efficient logistics operations, attracting tenants and driving property value. Favorable Market Dynamics: Franklin County, Texas, benefits from favorable market dynamics, including population growth, e-commerce expansion, and strong industrial demand. Investors can leverage these favorable conditions to achieve attractive investment returns and capitalize on market opportunities.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$455 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Frito-Lay Product Exchange Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Truck Terminal, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

7

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.01

LAND SF

87,556

ZONING

-

APN/PARCEL ID

5020

ASK ABOUT THIS PROPERTY

Tyler PetersonPeterson Properties GroupMore Info
913-515-7652

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Tyler PetersonPeterson Properties GroupMore Info
913-515-7652

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