Marcus & Millichap is pleased to present the opportunity to acquire the property located at 70 Jessica Lane in Del Rio, Texas. The subject property consists of approximately 30,000 square feet of warehouse space and is situated on 2.33 acres of land. The vacant single-tenant property features a clear height of 16’ to 20’, eight dock-high doors, two drive-in doors with ramps, metal construction, a wet sprinkler system, and three-phase power. With a building coverage ratio of 30 percent, the property has ample land for industrial outdoor storage space (IOS) or a building expansion. Located 2 miles from an international bridge via U.S. Route 277, the move-in ready property is ideal for distribution and logistics. Buyers also have the opportunity to acquire an adjacent property as part of a portfolio sale. The 5,000-square-foot service garage with ample surfaced IOS space for distribution is located at 1000 Frontera Road in Del Rio, Texas.
The Del Rio is a small industrial market, containing just 1.2 million square feet. Accounting for 83 percent of the inventory, logistics facilities dominate the market that is heavily dependent upon international trade with Mexico. FedEx Freight, Old Dominion Freight Line, and Stagecoach Cartage & Distribution all have a presence in Del Rio. In 2024, there were no new industrial properties delivered in Del Rio. With no industrial properties under construction at the start of 2025, vacancies and rents will be dependent upon demand for the foreseeable future (CoStar).
Located on the U.S.-Mexico border, Del Rio has a history of trade between the two countries. Del Rio is the leading port for the importation of seats (excluding barber and dental chairs) and the exportation of civilian aircraft and parts. Del Rio is primely situated to benefit from the ongoing nearshoring movement in which domestic companies have shifted production from China to Mexico along the U.S. border in the wake of rising tariffs and the Chinese lockdowns that took place during the pandemic. In early 2023, Mexico surpassed China as America’s top importer, providing a windfall for ports of entry primarily along the Texas-Mexico border. The border city is home to 52,804 residents with an average household income of $66,679. Highlighted by the oldest operating winery in Texas and San Felipe Springs, the third-largest springs in the state, Del Rio has a rich culture and beautiful landscape (City of Del Rio).
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2025 Marcus & Millichap. All rights reserved. (Activity ID: ZAF0490199)
