853 Marvin A Smith

Kilgore, TX 75662
  • $5,750,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 36,400

    SqFt

About the Listing JWAR01 - 0573602

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.

Listing Highlights

Status Pending
Days on Site 68
Property Type Commercial Sale
MLS ® 21162438
Year Built 2023
Total Square Footage 36,400
Lot/Acreage 11.32
County Gregg
Neighborhood Southland

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Concrete
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Acreage,10 to < 50 Acres
  • Garage Capacity: N/A
  • Zoning: Rural
  • Roof: Metal
  • Others: Preowned
  • Sewer:
  • Parking Features: Concrete,Parking Lot,Paved

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1602163
  • Tax Year: N/A

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853 Marvin A Smith Kilgore, TX 75662

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