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500 Austin Ave 105,000 SF Industrial Building Henderson, TX 75652 $5,450,000 ($51.90/SF) 7.20% Cap Rate
EXECUTIVE SUMMARY
• STRONG CORPORATE GUARANTEE (FORTUNE 300 COMPANY) – Builders FirstSource (NYSE: BLDR) is the nation’s largest supplier of structural building products with over 590 locations throughout 43 states. Publicly traded on the NYSE, BLDR is a Fortune 300 company with approximately $17B in annual revenue.
• NEW 2025 CONSTRUCTION / TENANT-DRIVEN EXPANSION – In 2025, a brand-new 40,000 SF warehouse was constructed on the property specifically to accommodate Builders FirstSource’s operational expansion. The property now features two (2) highly functional industrial buildings totaling 105,000 SF on 9.49 acres, 100% leased to Builders FirstSource.
• UPCOMING 20% RENT INCREASE / VERY ATTRACTIVE BASIS ($51 PSF) – The Industrial NNN lease offers true passive ownership and includes a favorable Cumulative CPI Percent Increase in the 2029 option period (capped at 20%). Investors have a rare opportunity to acquire a newly constructed mission-critical facility leased to a Fortune 300 tenant at just $51 per SF in a tax-free state.
• STRATEGIC EAST TEXAS LOCATION / INCOME TAX FREE STATE – Located in the heart of East Texas, Henderson benefits from five major highways converging to form “The Star” (Texas 64, US 259, Texas 43, US 79 N & S), creating exceptional logistical connectivity for industrial operations. Texas further benefits from being an Income Tax Free State.
• NEW 2025 CONSTRUCTION / TENANT-DRIVEN EXPANSION – In 2025, a brand-new 40,000 SF warehouse was constructed on the property specifically to accommodate Builders FirstSource’s operational expansion. The property now features two (2) highly functional industrial buildings totaling 105,000 SF on 9.49 acres, 100% leased to Builders FirstSource.
• UPCOMING 20% RENT INCREASE / VERY ATTRACTIVE BASIS ($51 PSF) – The Industrial NNN lease offers true passive ownership and includes a favorable Cumulative CPI Percent Increase in the 2029 option period (capped at 20%). Investors have a rare opportunity to acquire a newly constructed mission-critical facility leased to a Fortune 300 tenant at just $51 per SF in a tax-free state.
• STRATEGIC EAST TEXAS LOCATION / INCOME TAX FREE STATE – Located in the heart of East Texas, Henderson benefits from five major highways converging to form “The Star” (Texas 64, US 259, Texas 43, US 79 N & S), creating exceptional logistical connectivity for industrial operations. Texas further benefits from being an Income Tax Free State.
PROPERTY FACTS
| Price | $5,450,000 | Lot Size | 9.49 AC |
| Price Per SF | $51.90 | Rentable Building Area | 105,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.20% | Year Built/Renovated | 1990/2025 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.7/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 5 |
| Zoning | F2 - Real Industrial | ||
| Price | $5,450,000 |
| Price Per SF | $51.90 |
| Sale Type | Investment |
| Cap Rate | 7.20% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 9.49 AC |
| Rentable Building Area | 105,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2025 |
| Tenancy | Single |
| Parking Ratio | 0.7/1,000 SF |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | F2 - Real Industrial |
UTILITIES
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Electric
PROPERTY TAXES
| Parcel Number | 49432 | Improvements Assessment | $0 |
| Land Assessment | $263,170 | Total Assessment | $263,170 |
PROPERTY TAXES
Parcel Number
49432
Land Assessment
$263,170
Improvements Assessment
$0
Total Assessment
$263,170
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