2024 Brazosport Blvd N | Richwood, TX 77531
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- LoopNet Team
2024 Brazosport Blvd N
Richwood, TX 77531
Setpoint I Freeport · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Lease: Tenant has renewed a second 10-year lease with 9+ years remaining showcasing commitment to the location
- Optimal Market for Tenant’s Business: The presence of major refining, petrochemical and LNG facilities in close proximity provides Setpoint with a lon
- Excess Land/Expansion Potential: The property features excess land of 2.27 acres allowing for future expansion or additional stabilized yard
- Passive Ownership: Landlord responsibilities limited solely to Roof and Structure
- Strong Regional Credit: Setpoint has operated in this market since 2013 and is a $300 million revenue company with 11 locations
- Dow Chemical: Dow’s Chemical facility in Freeport is the largest facility of it’s class in the western hemisphere and Setpoint’s largest market client
PROPERTY FACTS
| Property Type | Industrial | No. Floors | 1 |
| Property Subtype | Warehouse | Year Built | 2013 |
| Costar Property Class | B | Tenancy | Single |
| Total Plot Size | 5.12 ac | Parking Allocation | 2.02/1,000 sq ft |
| Net Internal Area (NIA) | 28,200 sq ft | No. Drive In / Grade-Level Doors | 2 |
| Use Class | 0014 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 5.12 ac |
| Net Internal Area (NIA) | 28,200 sq ft |
| No. Floors | 1 |
| Year Built | 2013 |
| Tenancy | Single |
| Parking Allocation | 2.02/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 2 |
| Use Class | 0014 |
PROPERTY TAXES
| Parcel Number | 7255-0016-000 | Improvements Assessment | £1,370,756 |
| Land Assessment | £491,269 | Total Assessment | £1,862,025 |
PROPERTY TAXES
Parcel Number
7255-0016-000
Land Assessment
£491,269
Improvements Assessment
£1,370,756
Total Assessment
£1,862,025
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