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400 Southport Rd, Kilgore, TX 75662, Investment Property For Sale
5.18 AC
$1,425,000

Contact The Gaines Organization, Inc. for more information

(361) 442-2825

400 Southport Rd, Kilgore, TX 75662

Gaines Organization Investment Properties, Industrial Property For Lease

www.Gainesorg-InvestmentProperties.com

Investment Property For Sale, Kilgore, Texas - Quality Tenant, Annual Rate Increases
Price: $1,425,000 Download Brochure
Lot Size: Approx. 5.18 Acres
Zoned LM: Light Manufacturing
Description:
  • 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 & Hwy 31
  • Stable Quality Tenant
  • 3% Annual Increases
  • NOI $108,000, 8% Average Cap Rate Over Term
Property
  • The Gaines Organization, Inc.
    Physical: 555 N. Carancahua, Suite 830, Corpus Christi, TX 78401
    Mailing: P.O. Box 260814, Corpus Christi, TX 78426
  • Office: (361) 442-2825
  • Fax: (361) 442-2961
  • office@gainesorg.com