1523 State 155 hwy | Palestine, TX 75803
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- LoopNet Team
1523 State 155 hwy
Palestine, TX 75803
New Frito-Lay Distribution Building · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- New Construction
- New 10 Year Lease with 2.0% annual rent increases
- Large 4.29 Acre Lot
- Dominant market leader in the U.S. snack food industry. Owned by PepsiCo, Inc. (NASDAQ: PEP)
- Infill Property Location The property is located on busy State Highway 155 between downtown Palestine and the Hwy 256 Loop
- Building Expansion Potential On-Site
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Building Class | A | Year Built | 2023 |
| Lot Size | 4.29 AC | Tenancy | Single |
| Rentable Building Area | 5,967 SF | No. Dock-High Doors/Loading | 5 |
| Property Type | Industrial |
| Building Class | A |
| Lot Size | 4.29 AC |
| Rentable Building Area | 5,967 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 5 |
PROPERTY TAXES
| Parcel Number | R849964 | Improvements Assessment | $378,982 |
| Land Assessment | $187,221 | Total Assessment | $566,203 |
PROPERTY TAXES
Parcel Number
R849964
Land Assessment
$187,221
Improvements Assessment
$378,982
Total Assessment
$566,203
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