Biomat USA 350 S Adams St

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Biomat USA property located in Eagle Pass, Texas. Biomat USA has been operating at this location since 2013 and has executed numerous lease extensions, demonstrating their commitment to the site. The current lease runs through March 2028 and features 1.5% annual rental escalations throughout the remaining term, along with two 5-year renewal options. The lease also features a corporate guaranty from Grifols.
The 11,422-square-foot building benefits from its proximity to East Garrison Street (14,200 VPD), which connects to the Eagle Pass International Bridge, experiencing over 4 million border crossings annually from Mexico to the United States. Additionally, the subject property is located less than a five-minute drive west of the area’s main retail corridor. This corridor is home to nationally recognized tenants, including Walmart Supercenter, Lowe’s Home Improvement, H-E-B, Kohl’s, and many others. Mall de las Aguilas, situated within this corridor, features Burlington, Hibbett Sports, Ross, Cinemark, Kohl’s, JCPenney, and Planet Fitness. Over 48,100 people live within a five-mile radius, earning an average household income of $66,672.
BioMat USA, Inc. is a subsidiary of Grifols, a multinational pharmaceutical and chemical manufacturer headquartered in Barcelona, Spain. Founded in 1909, the company is the largest global producer of plasma-based products and has over 23,000 employees. Grifols operates over 400 plasma donation centers throughout Europe, the United States, Canada, and Egypt. Grifols has been a pioneer in advancing plasma science, as the company has numerous achievements including developing the plasmapheresis procedure that revolutionized the safe and efficient collection of plasma.