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Atmos Energy Corporation 1507 Abbott Ave 3,990 SF Industrial Building Hillsboro, TX 76645 $1,811,000 ($453.88/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Recent 10-Year Renewal | Commitment To Site | Additional Options To Extend | Rental Increases
- Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
- Corporate Signature (NYSE: ATO) | Credit Tenant (S&P: A-)
- Proximity To I-35 (65,000 VPD)
EXECUTIVE SUMMARY
- The trade area is anchored by more than 9,400 residents and 5,500 employees, providing a stable consumer and employment base
- An average household income of $79,134, combined with solid population and workforce density, supports strong underlying real estate fundamentals
- An average household income of $79,134, combined with solid population and workforce density, supports strong underlying real estate fundamentals
PROPERTY FACTS
| Price | $1,811,000 | Lot Size | 2.14 AC |
| Price Per SF | $453.88 | Rentable Building Area | 3,990 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 2005 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | I-1 - Light Industrial (I-1) | ||
| Price | $1,811,000 |
| Price Per SF | $453.88 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.14 AC |
| Rentable Building Area | 3,990 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
| Zoning | I-1 - Light Industrial (I-1) |
AMENITIES
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Atmos Energy Corporation
- Transportation and Warehousing
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Atmos Energy Corporation | Transportation and Warehousing | 99,999 SF | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 376360 | Improvements Assessment | $1,136,210 |
| Land Assessment | $79,980 | Total Assessment | $1,216,190 |
PROPERTY TAXES
Parcel Number
376360
Land Assessment
$79,980
Improvements Assessment
$1,136,210
Total Assessment
$1,216,190
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Atmos Energy Corporation | 1507 Abbott Ave
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