For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Property Type Commercial
Sub Type Building
Listing Status Sold
Purchase Type For Sale
Square Footage 36,400 sqft
Price per Sqft $144
Subdivision Tx
MLS Listing ID 26001185
Lot Size 11.320 Acres
Property Sub-Type Building
Property Description
Income-producing industrial investment property in Kilgore, TX, leased long-term to Bishop Lifting under a NNN-style lease.This modern pre-engineered metal building (PEMB) totals approx. 36,000 SF, featuring 6,000 SF of Class A office space and30,000 SF of shop/warehouse space with 26' eave height and (4) 10-ton bridge cranes. The facility sits on a large, usable sitewith ample stabilized yard area for equipment, laydown, and truck circulation, with convenient access to I-20 and major East Texas industrial markets. The property generates a current annual NOI of approximately $396,000, with contractual rent escalations in place and lease term extending through 2034, providing predictable cash flow and built-in income growth. Single-tenant occupancy, a strong industrial user, and a highly functional crane-served design make this an attractive option forinvestors seeking passive income, 1031 exchange placement, or a long-term industrial NNN hold in the East Texasmarket. Contact listing agent for full lease details, financials, and offering package.
Location
State TX
County Gregg
Area Gregg
Zoning Commercial,Industrial
Interior
Cooling Central Electric
Exterior
View Y/N No
Building
Sewer Private Sewer
Others
Acceptable Financing Conventional, Must Qualify, Cash
Listing Terms Conventional, Must Qualify, Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with NON MEMBER AGENT
Nearby Schools & Businesses
Get More Information




