5654 Kingpin Dr - Warehouse FOR SALE


Corpus Christi, TX 78405- Northwest Corpus Christi
$5,485,000 USD
361-442-2825
5654 Kingpin Dr, Corpus Christi, TX for Sale
$5,485,000 USD
Warehouse - FOR SALE
1/7
null | 5.69% Cap Rate

5654 Kingpin Dr
Corpus Christi, TX 78405
Northwest Corpus Christi


HIGHLIGHTS

  • Large Concrete Paved Yard
  • International Tenant with Long Term Lease
  • Annual Rate Increases

OVERVIEW

• Approx. 14,940 SF Total - Approx. 3,000 SF Office - Approx. 10,500 SF Warehouse - 24’ Eave Height - Approx. 1,440 SF Wash Bay - 18’ Eave Height • 9 - 14’x16’ Overhead Doors • 1 - 5 Ton Crane, 115’ Travel • 480V/3 Ph/800 Amp • Approx. 4.552 Acres - Lighted, Fenced, Concrete Paved Yard • Zoned IL - Light Industrial • Direct Access to NPID & Flato Rd. • Int’l Tenant with Long Term Lease • 3% Annual Increases $5,485,000, Asking Price | Current NOI $311,904 | CAP Rate 5.69%

FOR SALE DETAILS

PRICE

$5,485,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

5.69%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kingpin Industrial Park

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

9

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.55

LAND SF

198,198

ZONING

IL

APN/PARCEL ID

598627

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 Notice.