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Volkswagen Zero Cash Flow Vehicle Import Proc 2935 Highway 36

100,000 SF 4-Star Industrial Building Freeport, TX 77541 $139,220,172 ($1,392/SF) 6.77% Cap Rate

Investment Highlights

  • Strong Corporate Tenant:Volkswagen (S&P:BBB+) is a German motor vehicle manufacturer and one of the largest auto makers in the world. The Volkswagen g
  • Passive Ownership:This long term 20 year leasehold zero cash flow structure is ideal for investors looking for passive ownership. VW pays ground rent
  • Mission Critical Location This new rail-served port location has the capability to handle Volkswagen’s new deep water car carriers that cannot operate

Executive Summary

Thomas Company is pleased to offer for sale a Volkswagen Gulf Coast Vehicle Terminal in Freeport, Texas (Houston MSA). This
built-to-suit leasehold interest property consists of a fully developed 120-acre vehicle import and processing facility. The property
is offered as a Zero Cash Flow Structure with Paydown Readvance available and a fully amortizing loan with no balloon payment.
This structure is ideal for tax-deferred 1031 exchange buyers or non-exchange buyers seeking passive losses.

Attachments

VW_OM

Property Facts Under Contract

Price $139,220,172
Price Per SF $1,392
Sale Type Investment
Cap Rate 6.77%
Property Type Industrial
Property Subtype Distribution
Building Class A
Lot Size 120.00 AC
Rentable Building Area 100,000 SF
No. Stories 1
Year Built 2024
Tenancy Single

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0142-0003-100
Land Assessment
$359,540
Improvements Assessment
$0
Total Assessment
$359,540

zoning

Zoning Code 0070
0070
  • Listing ID: 29693228

  • Date on Market: 10/3/2023

  • Last Updated:

  • Address: 2935 Highway 36, Freeport, TX 77541

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