Investment Overview
Rare opportunity to acquire a long-term, absolute NNN ground lease investment encompassing approximately 20 acres in Palmer, Texas. The property is leased to an established national/global credit tenant with a proven 21+ year history of uninterrupted performance, providing investors with a highly stable and predictable income stream.
The absolute NNN lease structure places responsibility for real estate taxes, insurance, maintenance, and operating expenses entirely on the tenant, creating a truly passive investment with virtually no landlord obligations. Contractually escalating rental income further enhances the property's long-term value and makes this an attractive asset for investors focused on stability, income preservation, and generational wealth creation.
At a 6.0% cap rate, the property offers an opportunity to acquire a low-management, long-term income-producing asset with the security of an established tenant and substantial underlying land value.
Investment Highlights
- ±20 acres under long-term ground lease
- Absolute NNN structure with virtually zero landlord expense exposure
- Established national/global credit tenant
- 21+ years of proven payment history
- Contractually escalating rental income
- 6.0% cap rate
- Minimal management requirements
- Attractive for 1031 exchange buyers, family offices, and long-term investors
- Significant underlying land value providing additional residual value