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4952 Lakeway Dr 44,342 SF 4-Star Industrial Building College Station, TX 77845 For Sale
INVESTMENT HIGHLIGHTS
- Best-in-Class, Investment-Grade, Fortune 500 Tenant
- Long-Term, Passive NN Lease
- ± 6 Miles from Texas A&M University
- 2020 Built-to-Suit Facility
- Rapidly Expanding Market Within Texas Triangle
- Frontage on TX Hwy 6
EXECUTIVE SUMMARY
Northmarq Commercial, on behalf of ownership, is pleased to present the exclusive opportunity to acquire a 100% fee simple interest in the FedEx Ship Center located at 4952 Lakeway Drive in College Station, Texas (the “Property”). A build-to-suit facility constructed in 2020, the Property encompasses 44,342 square feet on 7.20 acres, positioned within the Business Center at College Station development along Texas State Highway 6. FedEx relocated to this facility after outgrowing a smaller and outdated facility that was about three and a half times smaller. The lease, which offers roughly 10 years of base term remaining to be followed by two, five-year options, is fully backed by the Federal Express Corporation and is Landlord-favorable with responsibility limited to roof and structural components. The Property is located just six miles from the campus of Texas A&M University (the largest college in the U.S. by enrollment) and will be a beneficiary of College Station’s rapid growth – often cited among the fastest-growing cities in the entire country. Additionally, its positioning within the Texas Triangle where real estate (especially quality industrial assets) is in heavy demand, providing for an exceptional investment opportunity with unparalleled residual value.
PROPERTY FACTS
| Sale Type | Investment NNN | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2020 |
| Building Class | B | Tenancy | Single |
| Lot Size | 7.20 AC | Parking Ratio | 3.63/1,000 SF |
| Rentable Building Area | 44,342 SF | ||
| Zoning | M-1 - Light Industrial | ||
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 7.20 AC |
| Rentable Building Area | 44,342 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Tenancy | Single |
| Parking Ratio | 3.63/1,000 SF |
| Zoning | M-1 - Light Industrial |
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PROPERTY TAXES
| Parcel Number | 171500-0206-0050 | Improvements Assessment | $4,901,226 CAD |
| Land Assessment | $1,652,907 CAD | Total Assessment | $6,554,132 CAD |
PROPERTY TAXES
Parcel Number
171500-0206-0050
Land Assessment
$1,652,907 CAD
Improvements Assessment
$4,901,226 CAD
Total Assessment
$6,554,132 CAD
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4952 Lakeway Dr
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