Rain For Rent | Single Tenant NNN | Gulf Coast Location — Sale in Clute, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Clute, TX 77531
- Year built: 1975
Investment Figures
- Cap rate
- 7.85%
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
---Strong Real Estate Fundamentals - E-Commerce & Recession-Resilient: Tenant’s Business Model Is Well-Suited to Thrive in Various Economic Conditions - Located within 1-Mile from Dow Chemical Company: Operating the Largest Integrated Chemical Manufacturing Plant in the United States - Deepwater Port: Located on the Gulf of America Provides Access for Large-Scale Industrial Operations and Shipping - Investor-Friendly: This NNN Industrial Property Offers Minimal Landlord Responsibilities, Making It Ideal for Out-Of-Market Investors - Prime Industrial Location: Situated In a Dense Industrial Area Surrounded by National Brands, Including Air Liquide America, Phillips 66, Braskem, Among Others, All In Close Proximity To The Subject Property Investment Highlights: • Rain for Rent is a Highly Respected Industrial Tenant, Operating 65+ Locations Across North America • 5-Year Lease with No Options to Renew – Allows for Value-Add Potential for Future Landlord to Negotiate New Lease with the Tenant • Situated at a Strategic Highway Junction Served by TX-332, TX-36, and the Nolan Ryan Expressway (Hwy 288), with Combined Traffic Counts Exceeding 69,000 Vehicles Per Day
Market Context
This industrial in Clute, TX is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1975. It has been on the market for 100 days. Compare it against other industrial listings for sale in Clute, TX — view the full market.
Contact
- Craig Elster · (949) 419-3223 · craig.elster@marcusmillichap.com
- Ron Duong · (949) 350-5431 · ron.duong@marcusmillichap.com
- Tim Speck · (972) 755-5200
- Ronald J. Balys · (716) 445-7581 · ron.balys@marcusmillichap.com
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