Atmos Energy Office & Service Center | 142 N FM 730
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Atmos Energy Office & Service Center 142 N FM 730
9,790 SF Flex Building Boyd, TX 76023 $2,758,621 ($282/SF) 7.25% Cap Rate
Investment Highlights
- Atmos Energy is a publicly traded company (NYSE: ATO) and is an exceptionally strong national credit tenant (S&P: "A-1")
- Property was a build to suit for Atmos Energy in 2005
- Absolute triple net lease with no landlord obligations
- Recently extended lease term indicating a strong commitment to the site
- Property consists of a 4,430 square foot office building and a 5,360 square foot warehouse/material and equipment storage building on a 2.23 acre site
- Recent lease extension indicates commitment to the site
Executive Summary
Transwestern National Net Lease | Sale Leaseback Group is pleased to present a single-tenant absolute triple net office building and warehouse/service building property totaling approximately 9,790 square feet on 2.232 acres corporately leased to Atmos Energy at 142 North FM 730, Boyd, Texas. Atmos Energy is one of the largest natural-gas-only distributors in the United States.
Having occupied the Property since late 2005, and indicating a strong commitment to the site, in October 2024, Atmos Energy early extended its lease for an additional three (3) years, providing nearly four (4) years of remaining lease term with a new expiration of October 31, 2028. Tenant has one (1) remaining three (3) year renewal option by providing twelve (12) months’ prior written notice.
Boyd, Texas, situated just 35 miles northwest of Fort Worth, is a charming rural community in Wise County with a county-wide population of 78,097. Although most of the county population comes from Decatur, located 12 miles directly north, Boyd is itself experiencing significant population growth, growing 6.32% annually and having experienced an increase in population of 31.18% since the most recent census in 2020.
Atmos Energy, a publicly traded corporation (NYSE: ATO), provides natural gas service to more than three million customers in 1,400 communities in nine states. Its roots can be traced back to the Texas Panhandle nearly 120 years ago. For the fiscal year 2023, Atmos generated more than $4.2 billion in total operating revenues with more than $1 billion in total comprehensive income. Atmos Energy’s S&P credit rating is “A-“.
Having occupied the Property since late 2005, and indicating a strong commitment to the site, in October 2024, Atmos Energy early extended its lease for an additional three (3) years, providing nearly four (4) years of remaining lease term with a new expiration of October 31, 2028. Tenant has one (1) remaining three (3) year renewal option by providing twelve (12) months’ prior written notice.
Boyd, Texas, situated just 35 miles northwest of Fort Worth, is a charming rural community in Wise County with a county-wide population of 78,097. Although most of the county population comes from Decatur, located 12 miles directly north, Boyd is itself experiencing significant population growth, growing 6.32% annually and having experienced an increase in population of 31.18% since the most recent census in 2020.
Atmos Energy, a publicly traded corporation (NYSE: ATO), provides natural gas service to more than three million customers in 1,400 communities in nine states. Its roots can be traced back to the Texas Panhandle nearly 120 years ago. For the fiscal year 2023, Atmos generated more than $4.2 billion in total operating revenues with more than $1 billion in total comprehensive income. Atmos Energy’s S&P credit rating is “A-“.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Fenced Lot
- Signage
- Storage Space
- Monument Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Atmos Energy
- Utilities
- -
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Atmos Energy | Utilities | - | - | - |
1 of 1
PROPERTY TAXES
Parcel Number | A0164001805 | Improvements Assessment | $1,347,588 |
Land Assessment | $233,176 | Total Assessment | $1,580,764 |
PROPERTY TAXES
Parcel Number
A0164001805
Land Assessment
$233,176
Improvements Assessment
$1,347,588
Total Assessment
$1,580,764
zoning
Zoning Code | I-1 (Industrial-Light) (Industrial Light) |
I-1 (Industrial-Light) (Industrial Light) |
1 of 15
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Atmos Energy Office & Service Center | 142 N FM 730
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.