ABC Supply Co. Rosenberg, TX
Status Under Contract
Location 1609 Avenue G, Rosenberg, TX 77471
Captialilzation Rate 5.50%
Building Size 24,900 Square Feet
Lot Size 3.23 Acres
Lease Type NNN
Term Remaining 2.99 Years
Price $ 1377618
- Two Percent Annual Increases
- Strong National Tenant with 900+ Locations and $9.3B Annual Revenue (2022)
- Significantly Below Replacement Cost
- Below Market Rent
- Close Proximity to Houston
- ~46% Population Growth Within a Five-Mile Radius Since 2010
Doherty Houston Industrial Group is pleased to present this ABC Supply Co. property located in Rosenberg, Texas, a suburb of Houston, Texas. The subject property is a 24,900-square-foot facility sitting on 3.23 acres located off 1st Street on Avenue G.
ABC Supply Co. has occupied this space since 2018 and has recently signed a new three-year lease renewal. There are approximately three years remaining on a Triple Net (NNN) lease with two percent annual increases, as well as one, three-year option to renew which also includes two percent annual increases. The facility is comprised of a main building, a warehouse, two overhang spaces, and a lean-to.
Located less than 30 miles from downtown Houston, Rosenberg’s logistical assets earned it the nickname “Hub of the Gulf Coast.” The area maintains a large cluster of manufacturers, as well as pharmaceutical companies, food packaging and distribution, and energy service-related industries.
As the fifth-most populous metro area in the United States, Houston houses more than 7.3 million people in southeastern Texas. Roughly one-third of residents live in the city of Houston. The market is composed of nine counties: Harris, Galveston, Brazoria, Fort Bend, Chambers, Montgomery, Austin, Liberty and Waller. The Gulf of Mexico, which borders the metro to the southeast, provides access to markets around the world via the Port of Houston, making it a prime location for exports. Local industries have diversified from oil to technology and health care. Many companies provide goods and services for the large population growth, which has sprawled primarily to the north and west.
ABC Supply Co., Inc. is the largest wholesale distributor of roofing and other select exterior and interior building products in North America. Since its founding in 1982, ABC Supply’s sole focus has been serving professional contractors and making it easy for them to do their jobs by offering the products, support and services they need. Headquartered in Beloit, Wisconsin, ABC Supply has over 900 locations across the U.S. and Canada.
Agent : Charlie Anderson
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210-343-7807
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charlie.anderson@marcusmillichap.com