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1 Bodybilt Pl 72,726 SF Industrial Building Navasota, TX 77868 For Sale

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INVESTMENT HIGHLIGHTS

  • Industrial Outdoor Storage Property with Substantial Stabilized Acreage Available for Future Potential Tenant Needs
  • Good Access to State Highway 6 with Significant Frontage Along Service Road
  • Absolute Net Lease in Place with Annual Rent Increases Until Lease Expiration on 09/30/2030
  • Facility Includes Administrative Offices, Customer Service, Product Showroom, Warehouse, Machine Shop and Paint Booth
  • Situated on 9.17 AC at the Southwest Corner of FM 105 and SH 6
  • CURRENT NOI - $328,106

EXECUTIVE SUMMARY

Located at 1 Bodybilt Place in Navasota, Texas, this ±72,726 SF industrial facility presents an exceptional investment opportunity, anchored by a long-term tenant, ergoGENESIS. Occupying the building for over 30 years, ergoGENESIS, a leader in ergonomic office furniture, provides a stable and reliable income stream. The property sits on 9.17 acres at the highly visible and accessible corner of FM 105 and State Highway 6, offering excellent exposure and ease of access. With an absolute net lease in place, featuring annual rent escalations until the lease expires on 09/30/2030, this investment generates a current NOI of $328,106, ensuring steady cash flow and long-term growth potential.

PROPERTY FACTS

Sale Type Investment
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 9.17 AC
Rentable Building Area 72,726 SF
No. Stories 1
Year Built 1980
Tenancy Single
Parking Ratio 1.09/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning 1C

AMENITIES

  • 24 Hour Access
  • Air Conditioning

UTILITIES

  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R14316
Land Assessment
$2,153,490
Improvements Assessment
$1,488,526
Total Assessment
$3,642,016
  • Listing ID: 33377520

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 1 Bodybilt Pl, Navasota, TX 77868

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