Frankston Packaging Company — Sale in Frankston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Frankston, TX 75763
  • Year built: 1984

Investment Figures

Cap rate
6.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This offering presents the opportunity to acquire a long term, passive industrial investment backed by Frankston Packaging Company, LLC, a multi-site packaging operator with more than 60 years of history and an established regional footprint. The asset consists of two industrial buildings totaling approximately 93,618 square feet that serve as a mission critical manufacturing, warehouse, and storage operation for the tenant’s folded paperboard production and distribution business. Investors benefit from a true NNN lease structure with the tenant responsible for taxes, insurance, utilities, HVAC, roof, and structure, creating durable cash flow with minimal landlord obligations. The current lease term extends through November 30, 2032, and includes 3% annual rent escalations, providing built in NOI growth and an attractive hedge against inflation. Beyond the strength of the lease, the investment is supported by the tenant’s specialized operating use, meaningful switching costs, and favorable packaging industry fundamentals. The Frankston facility is positioned as a key revenue contributing plant within the company’s four plant network and supports a diversified product mix across folding cartons, corrugated, flexible packaging, and labels for end markets including food, beverage, personal care, and specialty products. Purpose built industrial improvements, food contact quality standards, and the cost and complexity of relocating production all enhance renewal probability and long-term tenancy stability. In addition, paperboard and folding carton packaging continue to benefit from sustainability driven demand and the ongoing shift toward recyclable materials, supporting the long-term relevance of both the tenant and the underlying real estate. Investment Highlights: • • Long-Term, Passive NNN Cash Flow w/ In-Place Escalators. Base term runs to Nov 30, 2032 with 3% annual bumps; two (2) 2-year options thereafter. Current structure is true NNN (tenant covers taxes/in •

Market Context

This retail in Frankston, TX is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1984. It has been on the market for 100 days. Compare it against other retail listings for sale in Frankston, TX — view the full market.

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