853 Marvin A Smith Drive, Kilgore, TX 75662
sale
$5,750,000
|
Industrial
Courtesy Of Julie Woods & Associates Real Estate Firm
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 and 30,000 SF of shop/warehouse space with 26' eave height and (4) 10-ton bridge cranes. The facility sits on a large, usable site with 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 for investors seeking stable passive income, 1031 exchange placement, or a long-term industrial NNN hold in the East Texas market. Contact listing agent for full lease details, financials, and offering package.
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Property Features
- Age: 1-5 Years Old
- Architecture Style: Other
- Building Units: 1
- Exterior Type: Metal Siding
- Floors: 1
- MLSID: 20260201
- Roof Type: Metal
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