393 Boardwalk, Kenedy, TX, 78119
393 Boardwalk
Key Information
Highlights
• STRONG CREDIT TENANT / INDUSTRY-LEADING U.S. ENERGY INFRASTRUCTURE PROVIDER – Archrock, Inc. (NYSE: AROC) is one of the largest providers of natural gas compression services in the U.S., with a $6+ billion market cap, 70+ year operating history, +/- $1.5 billion in annual revenue, and a BB credit rating. Unlike more cyclical segments of the oil & gas industry, Archrock provides mission-critical natural gas compression infrastructure, generating recurring, infrastructure-like revenue and greater operating stability.
• BRAND-NEW 2026 CONSTRUCTION / HIGHLY FUNCTIONAL IOS FACILITY – This brand-new +/- 16,100 SF industrial facility includes +/-4,200 SF of office, +/-9,800 SF of warehouse, and +/-2,100 SF covered canopy, situated on +/-8 acres, offering substantial outdoor storage capacity and a highly functional layout designed for industrial operations. The property provides significant flexibility for industrial outdoor storage (IOS), one of the most sought-after asset classes in today’s industrial market.
• STRATEGIC ENERGY CORRIDOR LOCATION / SAN ANTONIO ADJACENT – Strategically located in the heart of the Eagle Ford Shale, one of the nation’s most active oil and gas regions, just 40 miles from San Antonio. Direct access to major highways and the nearby I-37 provides connectivity to South Texas energy markets, while proximity to the Port of Corpus Christi, a leading U.S. energy export hub, supports energy logistics, equipment storage, and distribution.
• LONG TERM INDUSTRIAL NNN LEASE / 3.00% ANNUAL RENT INCREASES – The subject property is secured by a 10-year industrial NNN lease and features attractive 3.00% annual rent increases, providing durable cash flow growth and a strong hedge against inflation.
• INCOME TAX FREE STATE – Texas benefits from no state income tax offering significant financial advantages for businesses and investors, enhancing profitability and making it an attractive location for long-term growth and investment.
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