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4742 US Highway 59 S
Cleveland, TX 77328
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Building Size: 4,900 SF situated on 9.00 Acre Site
- For Sale - 100% Leased
- +5.25 AC stabilized yard
- Utilities: Power, well/septic
- Direct access on US-59
- Grade level building
EXECUTIVE SUMMARY
Investment Sale - 100% Leased
±4,900 SF on 9.00 acres available
Property: 5,000 SF bldg on 9.00 AC
Tenant: The Aspen Utility Company, LLC (https://www.theaspencompany.com), subsidiary of by Quanta Services, Inc
Start Date: May 1, 2025
Expiration: April 30, 2028
Lease Type: Triple Net Lease Structure
Tenant paying for OPEX equal to $19,000/year
Rate: $31,500/month ($3,500/ac/month)
Increases: 4% Annually
±4,900 SF on 9.00 acres available
Property: 5,000 SF bldg on 9.00 AC
Tenant: The Aspen Utility Company, LLC (https://www.theaspencompany.com), subsidiary of by Quanta Services, Inc
Start Date: May 1, 2025
Expiration: April 30, 2028
Lease Type: Triple Net Lease Structure
Tenant paying for OPEX equal to $19,000/year
Rate: $31,500/month ($3,500/ac/month)
Increases: 4% Annually
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 5,000 SF |
| Cap Rate | 8.25% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1996 |
| Building Class | C | Tenancy | Single |
| Lot Size | 9.00 AC | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| Cap Rate | 8.25% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 9.00 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
AMENITIES
- Fenced Lot
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $239,130 | |
| Land Assessment | $121,000 | Total Assessment | $360,130 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$121,000
Improvements Assessment
$239,130
Total Assessment
$360,130
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