Property Details

Highway 277

Carrizo Springs, TX 78834

Property Description

Industrial Investment Property with Long-Term National Tenant Address: 3509 Hwy 277, Carrizo Springs, Texas Lot Size: 2.5 Acres Building Size: 9,310 SF Occupancy: 100% Leased Tenant: FleetPride, Inc. Lease Term Remaining: 2.5 Years Current Rent: $8,051.37/month NNN with 1.5% annual increases Strategically located on a high-visibility stretch of State Highway 277 in Carrizo Springs, Texas, this 2.5-acre industrial property presents a rare investment opportunity with stable in-place income. The engineered metal building totals approximately 9,310 square feet, including 2,170 SF of showroom and office space and 7,140 SF of high-clear warehouse space. The warehouse features three 14' wide by 16' high roll-up doors and a 22' clear height, allowing for efficient logistics and storage operations. The site offers ample warehouse space, excellent ingress/egress, and convenient access for commercial vehicle traffic. The property is leased to FleetPride, the largest independent distributor of heavy-duty truck and trailer parts in the United States. FleetPride has occupied this location for over 13 years, using it as a regional sales hub, and has 2.5 years remaining on their current lease. The tenant pays triple net (NNN) expenses, and the lease includes 1.5% annual rent escalations, providing investors with a stable and predictable income stream. FleetPride Overview: Headquartered in Irving, Texas, FleetPride operates over 300 locations across the country and serves a broad range of customers in the commercial vehicle industry. Known for their extensive parts inventory, technical expertise, and strong nationwide service network, FleetPride is a leader in aftermarket parts distribution for the heavy-duty trucking sector. This offering is ideal for investors seeking a low-maintenance industrial asset with a reliable tenant and strong yield fundamentals in a strategic South Texas market.