2605 Dewitt St - Distribution FOR SALE


Lockhart, TX 78644
$11,900,000 USD
726-200-9298
2605 Dewitt St, Lockhart, TX for Sale
$11,900,000 USD
Distribution - FOR SALE
1/7
null | Request Cap Rate

2605 Dewitt St
Lockhart, TX 78644


HIGHLIGHTS

  • Lockhart Logistics offers an industrial build-to-suit lease or purchase opportunity with up to 62,360 square feet available.
  • Ideal location in Lockhart, Texas, off Dewitt & Cahill Street with access to TX 130, and the ability to get to San Marcos on I-35 in 15 minutes.
  • Within the central Texas corridor just 40 minutes to Downtown Austin, 60 minutes to San Antonio, and two hours to Houston.
  • Lockhart Logistics is situated on 5.4 acres with 66 total parking spaces, equaling 1.06/1,000 square feet.
  • Situated in Caldwell County, Texas boasting a population growth of 25.6% since 2010 and a strong labor force that continues to grow.
  • Available for lease or sale. Breaking ground in Q2 2024.

OVERVIEW

Lockhart Industrial Park presents the opportunity for a build-to-suit lease or purchase of the site. The Class A industrial facility is planned to encompass 58,690 square feet, and it is placed on a 5.35-acre lot at the corner of Cahill and Dewitt Street, which is zoned industrial to allow for outdoor storage. Plans call for a 160-foot building depth, 32-foot clear height, 52-foot by 50-foot column spacing with a 60-foot speed bay, 21-foot dock-high doors, and two ramped drive-ins. The expansive lot provides room for a 160-foot truck court, outdoor storage, and 131 employee parking spaces. Caldwell County and the greater Innovation Corridor, a region comprising the communities in Hays, Caldwell, Comal, and Guadalupe Counties, is rapidly becoming an industrial powerhouse of Texas. The trailing 12 months as of May 2024 saw over 168,000 square feet of industrial space delivered in Caldwell County, or about 12% of total industrial inventory. The excitement for the area is abundantly apparent in the immediate vicinity as the McElroy Metal Service Center is underway, and Factory Builder Stores, another phase of Titan Industrial Park, and the Ziegenfelder Company Manufacturing Facility are all planned around Lockhart Industrial Park. Combined with this development, these projects total nearly 1 million square feet of new space.

FOR SALE DETAILS

PRICE

$11,900,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lockhart Logistics

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

28 Ft

DOCKS

35

DRIVE INS

2

PARKING SPACES

65

LAND DETAILS

LAND ACRES

5.35

LAND SF

233,046

ZONING

F1

APN/PARCEL ID

79142

ASK ABOUT THIS PROPERTY

Carter ThurmondTranswestern Real Estate ServicesMore Info
726-200-9298

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

Carter ThurmondTranswestern Real Estate ServicesMore Info
726-200-9298

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