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Atmos Energy Corporation 200 Willow Creek Pky 3,990 SF Industrial Building Palestine, TX 75801 $2,056,000 ($515.29/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 TX-256 Loop E (18,700 VPD)
EXECUTIVE SUMMARY
- The tenant, Atmos Energy Corporation, recently executed a new 10-year renewal commencing October 1, 2025, following 20 years of continuous operation at the site, reinforcing their long-term commitment and ensuring future income stability
- The lease includes two (2) additional 5-year renewal options with 3% annual increases throughout the current term and escalations to the greater of 9% or market rent at the start of each additional option period, driving NOI growth and providing a strong inflation hedge
- The lease includes two (2) additional 5-year renewal options with 3% annual increases throughout the current term and escalations to the greater of 9% or market rent at the start of each additional option period, driving NOI growth and providing a strong inflation hedge
PROPERTY FACTS
| Price | $2,056,000 | Lot Size | 1.81 AC |
| Price Per SF | $515.29 | Rentable Building Area | 3,990 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 2005 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 3.26/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | I - Industrial | ||
| Price | $2,056,000 |
| Price Per SF | $515.29 |
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.81 AC |
| Rentable Building Area | 3,990 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Tenancy | Single |
| Parking Ratio | 3.26/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | I - Industrial |
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | R843490 | Improvements Assessment | $262,926 |
| Land Assessment | $176,909 | Total Assessment | $439,835 |
PROPERTY TAXES
Parcel Number
R843490
Land Assessment
$176,909
Improvements Assessment
$262,926
Total Assessment
$439,835
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Atmos Energy Corporation | 200 Willow Creek Pky
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