853 Marvin A Smith

Kilgore, TX 75662
  • $5,750,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 36,400

    SqFt

About the Listing 958 - 3113

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.

Listing Highlights

Status Pending
Days on Site 68
Property Type Commercial Sale
MLS ® 26001185
Year Built 2023
Total Square Footage 36,400
Lot/Acreage 11.32
County Gregg

Interior Details

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

Exterior Details

  • Lot Description: Fenced
  • Garage Capacity: N/A
  • Lot Dimensions: irregular
  • Zoning: Commercial,Industrial
  • Roof:
  • Others:
  • Sewer: Private Sewer
  • Parking Features: Off Street,Additional Parking Avail

Financial Details

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

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853 Marvin A Smith Kilgore, TX 75662

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