400 Southport Rd - Warehouse FOR SALE


Kilgore, TX 75662
$1,425,000 USD
361-442-2825
400 Southport Rd, Kilgore, TX for Sale
$1,425,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

400 Southport Rd
Kilgore, TX 75662


HIGHLIGHTS

  • Investment Property with Quality Tenant, Annual Rate Increases
  • High Visibility along Southport Rd Frontage
  • Approx. 5.18 AC

OVERVIEW

• Approx. 10,500 SF Total - Approx. 2,000 SF Office - Approx. 6,000 SF Warehouse - Approx. 2,500 SF Covered Canopy • 3 Phase 225 Amp Power • 5 -12’ x 14’ OH Doors • 3T OVH Bridge Crane, 1T Jib Crane • Approx. 5.18 AC • Large, Fenced & Partially Stabilized Yard • High Visibility along Southport Rd Frontage • Minutes from Business Hwy 259 & Hwy31 • Zoned LM –Light Manufacturing • Stable Quality Tenant • 3% Annual Increases $1,425,000, Asking Price NOI $108,000, 8% Average Cap Rate Over Term

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.18

LAND SF

225,641

ZONING

LM

APN/PARCEL ID

200089

ASK ABOUT THIS PROPERTY

Josh GainesThe Gaines Organization, Inc.More Info
361-442-2825

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Josh GainesThe Gaines Organization, Inc.More Info
361-442-2825

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