1000 Blasingame Road
Price on Application
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Classification: Greenfield Development Site
Land/development site for greenfield infrastructure build-out
Site Map & Areas
Zoom in and outline the part of the site you care about — a pad, the buildable acreage, a laydown yard. Saved areas carry acreage and perimeter, and can be handed to the Site Viability Report so the analysis is about that ground, not the whole parcel. Imagery outlines are screening inputs, not a survey.
Technical Specifications
- Acreage
- 12.65 acres
- Building Size
- 157,882 SF
Description
This 157,882-square-foot industrial facility sits on 12.6 acres in Hempstead, Texas, under absolute triple-net lease to Logan Industries through December 2040. The property features CPI-based annual escalations and benefits from a corporate guarantee by Pressure Thermal Dynamics, with two five-year renewal options at fair market value. Current NOI exceeds $1.74 million annually, and the asset carries assumable debt at 3.30% maturing in 2030. The existing lease structure and long-term occupancy provide stable cash flow, while the NNN arrangement minimizes landlord operational responsibilities. The site's established infrastructure and extended lease term offer a foundation for portfolio diversification or future repositioning aligned with data center development timelines.
External listing — imported from crexi. InfraSale does not represent this listing directly. Request full details and due diligence through InfraSale.