400 Southport Rd
$1,425,000
400 Southport Road, Kilgore, TX 75662
For Sale
Commercial
Active
Last Updated: 06/10/2025
8
Cap Rate
108,000
NOI
Details:
Cap Rate: 8%
NOI: $108,000
Building Size: 10,500 sqft
Lot Area: 5.18 acres
Lease Type: Triple Net
Year Built: 2009
Zoning: LM - Light Manufacturing
Tenancy: Single
Highlights:
- Investment Property For Sale with Quality Tenant, Annual Rate Increases
- High Visibility along Southport Rd Frontage
- Approx. 5.18 AC
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 & Hwy31
• Zoned LM –Light Manufacturing
• Stable Quality Tenant
• 3% Annual Increases
$1,425,000, Asking Price
NOI $108,000, 8% Average Cap Rate Over Term
Documents:
Title | ||
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400_Southport_Rd_-_Investment_Flyer.pdf |
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