Texas Materials Group (CRH Company)

Highlights:

• Brand New 2020 Construction For a Strong Credit Tenant of Texas Materials Group
• This is an Absolute Triple Net Lease Requiring No Landlord Responsibility; It is Also a Brand New 15 Year Lease With Attractive 2.5% Annual Increases
• Effective 02/01/2021 (Just a Few Months Away), Rent Will Be Bumped By 2.5% or $8,456.09 For a Total of $346,699.85 Which is a 5.88% Cap Rate
• The Property Features Office, Warehouse and Some Mezzanine Spaces
• This is an Industrial Outdoor Storage Asset, so the Usable Land SF is the Premium For This Asset Class
• Texas Materials Group is a CRH Company, Which is Publicly Traded With a Strong Guaranty Behind the Lease; This is a Stable Long Term Investment For Any Investor
• Texas Materials Group Employs Approximately 700 People in More Than 45 Locations Across the San Antonio, Austin and the Waco Areas
• This Was a Hand Picked, Strategic Location For Texas Materials Group; This is Mission Critical For Their Business in the Round Rock/Austin MSA, and the Tenant Will Be Here For Decades
• The Site Was Also Picked so That it Could Be Next to Texas Concrete Which is a Related Business Unit
• Strong Demographics – Over 33,335 Residents Live Within a 5-Mile Radius With an Average Household Income of $100,565
• Nearby Tenants Include: Lowe’s, Chick-fil-A, Taco Bell, Starbucks, Walmart Supercenter, Home Depot, Anytime Fitness, Dollar General, Walgreens, Pizza Hut, Goodwill and More

Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 13,100 SF Texas Materials Group (CRH Company) at 8165 Chandler Road in Hutto, Texas. This Opportunity Includes a Brand New 2020 Construction on an Absolute Triple Net Lease With About 15 Years Remaining, Providing For a Unique Investment.



Sands Investment Group Austin, LLC - Lic. # 9004706
BoR: Max Freedman - TX Lic. # 644481

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