2500 WEST BROADWAY STREET (SWEETWATER, TX)

VACANT

2500 W BROADWAY STREET, SWEETWATER, TX 79556
Price :
$ 595,000
Lot Size :
10.00 acres
Year Built :
1986/2006
Property Area :
30,725 sqft
Status :
AVAILABLE
MARKETING PACKAGE

By downloading the Marketing Package (“Offering Memorandum”) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

 

Investment Highlights

  • 30,725 Square-Foot Distribution Asset Situated on 10 Acres
  • Tilt-Wall Construction Featuring 18’ Clear Height, Five Grade-Level Doors and One Dock High Door
  • Vacant Sale Ideal for Owner/User or Investor Lease-Up Opportunity
  • Excess Land Creates Potential for Additional Development and Outside Storage
  • Easy Access to Interstate 20, Connecting Major Cities Across Texas from DFW to El Paso
  • Nolan County Contains Some of the Largest Wind Farms in the World and Currently has Over 1,325 Wind Turbines (Sweetwater Economic Development)
  • Sweetwater is the Center of the Public Utility Commission’s $5 Billion Transmission Line Expansion Project, Leading the Way for Additional Wind Development Due to the Economy of Scale (Sweetwater Economic Development)

 

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 2500 West Broadway Street in Sweetwater, Texas. The subject distribution property consists of approximately 30,725 square feet of space and is situated on 10 acres of land. The asset features tilt-wall construction, 18’ clear height, five grade-level doors, and one dock high door. Excess land creates potential for additional development and outside storage. This vacant sale is ideal for an owner/user or investor as a lease-up opportunity. The subject property features easy access to Interstate 20, which connects major cities across Texas from Dallas-Fort Worth to El Paso.

Nolan County contains some of the largest wind farms in the world and currently has over 1,325 wind turbines, making it one of the Top 10 largest wind farms in the United States. Sweetwater is the center of the Public Utility Commission’s $5 billion CREZ transmission line expansion project, leading the way for additional wind development due to the economy of scale (Sweetwater Economic Development). The city also has approximately 825 working oil wells, which is increasing. In addition, Sweetwater/Nolan County are in the newly developed Cline Shale Oil Play. Defying the national average, Sweetwater also has over 800 full-time jobs in the manufacturing sector alone and continues to grow its manufacturing base.

Sweetwater is the county seat and largest population center of Nolan County, located on I-20 and about halfway between El Paso, Texas, and Shreveport, Louisiana. The city is strategically located 40 miles west of Abilene, 75 miles north of San Angelo, 125 miles southeast of Lubbock, 130 miles northeast of Odessa and 190 miles west of Fort Worth. Sweetwater Municipal Airport, located at the western gate adjacent to I-20, is a vital hub for private jets and personal airplanes. Having served as an Army air force training base during World War II, Avenger Field can still accommodate the needs of larger aircraft (sweetwatertexas.org).

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. © 2020 Marcus & Millichap. All rights reserved. (Activity ID: ZAB0060253)

Exclusive Listing

Davis Cagle
(972) 755-5230
Lic # TX : 722097
Adam Abushagur
(972) 755-5223
Lic # TX : 661916

Need Financing?

Learn how we can help you. Get Started

Questions?