Frankston Packaging Company

• Long-Term, Passive NNN Cash Flow w/ In-Place Escalators: Base term runs to Nov 30, 2032 with 3% annual bumps; two (2) 2-year options thereafter. Current structure is true NNN (tenant covers taxes/insurance/utilities/HVAC/roof/structure). 
• Mission-Critical, Multi-Building Plant Serving a Core Product Line: ±86,118 SF manufacturing/warehouse (Frankston 1) + ±7,500 SF storage (Frankston 2) across ~3.05 AC total. Site is dedicated to folded paperboard production/distribution and is positioned as a key revenue contributor in a 4-plant footprint (TX/LA/VA). 
• Proven Operator With 60+ Years of History & Active M&A: Company founded 1957, expanded through multiple acquisitions (2016–2021) and product line additions (labels/films/flexible). Focus on Six Sigma/Lean and GMP/AIB food-contact practices support quality/repeat demand. 
• Inflation-Shielded Growth + Below-Replacement Industrial: Escalators are fixed at 3%; specialized improvements and replacement cost inflation favor retention and renewal dynamics. (See lease schedule & abstract.) 
• East Texas Industrial Node With Quick Big-Market Access: 25 miles to Tyler; two hours to DFW; regional labor and logistics depth. 
• Sector Backdrop: Paperboard/Folding Carton Is a Sustainability Winner: Current data shows resilient, regulation-friendly substrate demand (details below with sources).

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