Ferguson Industrial – Single Tenant NNN
2730 FM 523 Road, Freeport, TX 77541
Property Description
Price: $3,040,000
Price Per/SF: $138.18
Land Area: ±4.27 Acres
Cap Rate: 6.25%
Gross Leasable Area: ±22,000 Square Feet
Year Built: 1980
Investment Highlights
Ferguson (NYSE: FERG): A Highly Reputable, BBB+ Rated Industrial Tenant With Over 1,750 Locations Across the U.S. and Canada
Mission-Critical Location: Ferguson Has Operated at This Site for Over 9 Years and Recently Committed to a 3-Year Lease Extension, Underscoring the Site’s Importance
Large 4.3-Acre Lot Provides Ample Space for Highly Desirable Outdoor Storage
High Credit Tenant | Recent Improvements
- New Roof: Roof Replaced in 2025
- Strong Corporate Guarantee: Backed by a Tenant with Over $30 Billion in Annual Revenue
- Market Leadership: Ferguson Is the Largest U.S. Distributor of Plumbing Supplies, PVF, Waterworks, and Fire and Fabrication Products
- Publicly Traded: The Tenant Is Listed on the NYSE (FERG) with a Market Capitalization Exceeding $49 Billion
- E-Commerce & Recession-Resilient: Ferguson’s Business Model Is Well-Suited to Thrive in Various Economic Condition
Strong Real Estate Fundamentals
- Located within 2-Miles from Dow Chemical Company: Operating the Largest Integrated Chemical Manufacturing Plant in the United States
- Deepwater Port: Located on the Gulf of America Provides Access for Large-Scale Industrial Operations and Shipping
- Investor-Friendly: This NNN Industrial Property Offers Minimal Landlord Responsibilities, Making It Ideal for Out-Of-Market Investors
- Prime Industrial Location: Situated In a Dense Industrial Area Surrounded by National Brands, Including Dollar General, FedEx, Chevron, Buc-ee’s, Air Liquide America, Praxair, Among Others, All In Close Proximity To The Subject Property
Broker of Record: Tim Speck – License #9002994 – 5001 Spring Valley Road, Suite 1100W, Dallas, TX 75244
Contact Information

Craig Elster
Senior Director Investments
(949) 419-3223
[email protected]
License: CA 01958307

Ron Duong




