Kilgore, TX 75662,853 Marvin A Smith
Kilgore, TX 75662,853 Marvin A Smith
Kilgore, TX 75662,853 Marvin A Smith
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Leslie Cain

Leslie Cain

+1(903) 520-7696
$5,750,000
Est. payment /mo
36,400 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 36,400 sqft

Price per Sqft $157

Subdivision Tx

MLS Listing ID 26001185

Lot Size 11.320 Acres

Acres 11.32

Lot Dimensions irregular

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

Miscellaneous Fenced

Acceptable Financing Conventional, Must Qualify, Cash

Listing Terms Conventional, Must Qualify, Cash

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Greater Tyler MLS (GTARMLS)
Listed by Julie Woods • Julie Woods & Associates - Longview

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 1
  • 0

    East Texas Christian School

    Private | PK - 12

School and business data provided by Attom Data.

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Leslie Cain

Leslie Cain

+1(903) 520-7696

Broker/Owner | License ID: 0606000

Broker/Owner License ID: 0606000

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