1031 Exchange Requirement

1031 Exchange Requirement - Industrial

Apr 19, 2024

FOR SALE 1031 Exchange Off Market Listing NNN Property

Riverstone Commercial Real Estate is exclusively representing a Texas-based 1031 Exchange Buyer who is looking to acquire a Single-Tenant Net Leased Industrial asset(s) to satisfy their 1031 Exchange. The Buyer is looking for a replacement property(s) with values between $2,000,000 - $7,000,000 with Absolute NNN Leases, with strong credit (National/Regional Corporate Credit). Possible tenant use types include Distribution, Manufacturing, or Research & Development.

BUYER CRITERIA

Price: $2,000,000 to $7,000,000
Property Type: Single-Tenant Net Leased
Market: Texas
Lease Type: Absolute NNN (Preferred)
Lease Terms: 7+ Year Lease Minimum
Fee Simple
Tenant Mix: Distribution, Manufacturing, Research & Development
Cap Rate: Minimum of 6.50% cap rate
ID Period Ends: May 15th, 2024

* Off-Market Properties Preferred *

Please forward all information to: Jim Jones - Managing Partner

O: 979.431.4400 | info@riverstonecos.com

Location Specific Info

Countries:

States: Texas

Additional Info

Property Types: Distribution Center,Industrial,Service Center,Energy Plant,Data Center,Factory,Warehouse,Self Storage,Other Industrial