9405 TX-302 Hwy - Warehouse FOR SALE


Mentone, TX 79754
$2,600,000 USD
512-791-7329
9405 TX-302 Hwy, Mentone, TX for Sale
$2,600,000 USD
Warehouse - FOR SALE
1/11
null | 9% Cap Rate

9405 TX-302 Hwy
Mentone, TX 79754


HIGHLIGHTS

  • 9,250 SF Office/Shop Secure-Fenced 6.90 Acre Yard
  • 10-Year Lease w/ 2% Annual Escalations Commencing 5/1/25
  • Mission-Critical Location for Tenant
  • Tenant with Strong Financials Poised for Growth
  • Same-Market Tenant Expansion & Relocation (Across Hwy from Existing)
  • Onsite Lodging for Employees - by Tenant

OVERVIEW

This new custom build to suit/lease is a nearby relocation and expansion for USA Compression Partners (NYSE: USAC) in Mentone, TX. Strategically positioned between Carlsbad and Midland/Odessa, the property serves as a vital operational hub for the tenant, who has committed to a 10-year lease with 2% annual escalations. The lease features minimal landlord responsibilities and secured by a financially robust tenant with long-term gas compression work in the area, servicing the critical infrastructure of the country’s accelerating power needs. The purpose-built facility includes a 6.9-acre fenced truck & equipment yard, office/warehouse and on-site lodging for staff. Projected lease commencement is May 1st, 2025, following site completion. • 9,250 SF Office/Shop Secure-Fenced 6.90 Acre Yard • Critical Location for Tenant Operations • 10-Year Lease w/ 2% Annual Escalations, 9% Cap Rate • Location w/ Strong Barriers to Entry • Completion/Commencement Est: 5/1/25 • Strategic Location Between Carlsbad & Midland/Odessa

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10-Year Lease, 9% Cap Rate – USA Compression

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.9

LAND SF

300,564

ZONING

None

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John JinksFormation Real Estate LLCMore Info
512-791-7329

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John JinksFormation Real Estate LLCMore Info
512-791-7329

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