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932 Brockman St
Clute, TX 77531
Rain for Rent | Single Tenant NNN · Industrial Property For Sale
Investment Highlights
- Rain for Rent is a Highly Respected Industrial Tenant, Operating 65+ Locations Across North America
- Situated at a Strategic Highway Junction Served by TX-332, TX-36, and the Nolan Ryan Expressway (Hwy 288), with Combined Traffic Counts Exceeding 69,0
- 5-Year Lease with No Options to Renew – Allows for Value-Add Potential for Future Landlord to Negotiate New Lease with the Tenant
Executive Summary
--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
---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
Broker of Record: Tim Speck – License #9002994 – 5001 Spring Valley Road, Suite 1100W, Dallas, TX 75244
--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
---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
Broker of Record: Tim Speck – License #9002994 – 5001 Spring Valley Road, Suite 1100W, Dallas, TX 75244
Property Facts
| Sale Type | Investment NNN | Lot Size | 1.02 AC |
| Cap Rate | 7.85% | Rentable Building Area | 5,750 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1960 |
| Building Class | C | Tenancy | Single |
| Sale Type | Investment NNN |
| Cap Rate | 7.85% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.02 AC |
| Rentable Building Area | 5,750 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
Property Taxes
| Parcel Numbers | Improvements Assessment | $404,695 CAD | |
| Land Assessment | $135,518 CAD | Total Assessment | $540,214 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$135,518 CAD
Improvements Assessment
$404,695 CAD
Total Assessment
$540,214 CAD
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