1901 Weil Marion, TX 78124

The Subject Property is comprised of 17,455sf of leased industrial space in the City of Marion, Texas. The lease has four years remaining with three, two year options (3% rental escalation). The building was constructed in 1976 and an addition of a 4,000sf warehouse was completed/constructed in 2018. The roof was replaced on the older 10,000sf in 2016. Tenant History: The business was established in 2016, the business grew to $2.65 million by the end of 2018. The current tenant purchased Smokin' Joes Trailers and Texas Truck Tops in May of 2019 and entered the lease. The current tenant has extensive manufacturing background in trailers as he was the one who developed and ran Hallmark brand trailers from its inception, and then Paradise trailers. Seeking an established business in the trailer industry was vital for the current tenant due to the industry need for aluminum (bolt together) type trailers to sell statewide. To date, the business has increased by 15% since the purchase in May of 2019. In spring of 2020, 3 additional employees have been acquired and have started the manufacturing portion of bolt together trailers.