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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 | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.09/1,000 SF |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 9.17 AC | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 72,726 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 | Opportunity Zone |
Yes
|
| Zoning | 1C | ||
| 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
| Parcel Number | R14316 | Improvements Assessment | $1,488,526 |
| Land Assessment | $2,153,490 | Total Assessment | $3,642,016 |
PROPERTY TAXES
Parcel Number
R14316
Land Assessment
$2,153,490
Improvements Assessment
$1,488,526
Total Assessment
$3,642,016
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1 Bodybilt Pl
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