1595 S US Highway 79 - Warehouse FOR SALE


Carthage, TX 75633
$795,000 USD
903-352-3000
1595 S US Highway 79, Carthage, TX for Sale
$795,000 USD
Warehouse - FOR SALE
1/10
null | 9.96% Cap Rate

1595 S US Highway 79
Carthage, TX 75633


HIGHLIGHTS

  • Nice passive Net lease investment opportunity in East Texas
  • Property is in excellent condition
  • Long standing tenant history

OVERVIEW

Property Type: Light Industrial / Office / Flex Total Building Size: +/- 10,612 SF Land Area: +/- 5.442 Acres (237,054 SF) Buildings: 3 (Lab, Office, Warehouse) Construction: Steel Frame with Metal Exterior Roof: Pitched Metal Clear Height: 20 Feet Drive-In Doors: 4 Office Ratio: 41% Year Built: 1998–2018 Condition: Average — Well Maintained Parking: Paved Zoning: Not Zoned Southern Petroleum Labs- SPL 5 yr lease started 1/2025 Rent is $79,165.52/ yr NNN $2,400 / yr rent increases $795,000 Sale Price

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

9.96%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

R&D, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting - Fluorescent, Gas, Water - County, Sewer, Heating - Gas

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.44

LAND SF

236,966

ZONING

Not Zoned

APN/PARCEL ID

24524

ASK ABOUT THIS PROPERTY

Brian Burks, SIOR, CCIMLandbridge Commercial PropertiesMore Info
903-352-3000

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Brian Burks, SIOR, CCIMLandbridge Commercial PropertiesMore Info
903-352-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.