Brand New 10 Year NN Lease – Stable Cash Flow Asset – Minimal Landlord Responsibilities – Two (5-Year) Options to Renew
Annual Rent Increases by $0.50 Per Square Foot Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
Corporately Guaranteed Lease by Airgas USA, LLC – A Best in Class Tenant Founded in 1982 That Currently Operates More Than 1,400 Locations in 50 States
New Construction, Pride of Ownership Asset Featuring Airgas’s Latest Prototype Design – a Modern and Aesthetically Pleasing Structure Totaling 6,500 Square Feet Situated on a Large 1.22 Acre Parcel
Densely Populated, Infill Location with Excellent Demographics – Over 80,000 People in a 5-Mile Radius with Average Household Income Exceeding $85,500 within a 3-Mile Radius of the Property
Extremely High Traffic Location with More Than 246,000 Vehicles Per Day on Interstate-35
Strategically Positioned in the Main Trade Area of Buda, TX – Surrounded by Major National Retailers Including Cabela’s, Walmart, Chick-fil-A, McDonald’s & Walgreens
Over 4.8 Million Square Feet of Industrial & Office Space within a 5-Mile Radius of the Property with an Additional 1.8 Million Square Feet Currently Under Construction, Resulting in a High Daytime Population of More Than 14,500 Employees
More Than 2.2 Million Square Feet of Restaurant & Retail within a 5-Mile Radius of the Radius of the Property
Positioned 2.5-Miles from the New Sunfield Residential Living Community, Which Will Have Over 4,000 Homes at the Completion of Construction
Approximately 2.4 Miles from the 15 Bed Baylor Scott & White Buda Medical Center with Nearly $44 Million in Total Patient Revenue in 2021 and a Staff of More Than 3,800 Healthcare Professionals
Within a 6-Mile Radius of Nineteen Primary, Higher Education & Private Grade Schools That Have More Than 17,500 Combined Students
Tremendous Multi-Family Density with Over 6,300 Apartment Units Within a 5-Mile Radius of the Property with an Additional 1,779 Additional Units Currently Under Construction
Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset