PROPERTY FOR SALE
ATWOODS 61,510 sf // SINGLE-TENANT INVESTMENT OPPORTUNITY // KILGORE, TEXAS • • • • •
NNN-lease through 2020 Ideal low-maintenance investment Highly visible from Highway 259 Easily accessible, just south of I-20 Tenant perfectly-suited to area demographics
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ATWOODS
EXECUTIVE SUMMARY
INVESTMENT OVERVIEW TOTAL SIZE (NRSF):
61,510 square feet
LAND AREA:
7.01 acres (305,356 sf)
YEAR BUILT:
1984 (renovated 2004)
MARKET RENT:
$2.05 per square foot
PHYSICAL OCCUPANCY:
100.0%
NOI $126,096
Cap Rate 8.70%
TAX INFORMATION TAXING AUTHORITY:
Gregg County / City of Kilgore / Kilgore ISD / Kilgore Junior College / County Road & Bridge
ASSESSED VALUE (2012):
$970,110
EFFECTIVE TAX RATE:
2.1182%
UTILITIES
Provider
ELECTRICITY:
Southwestern Power Company
WATER:
City of Kilgore
SEWER:
City of Kilgore
CONSTRUCTION DETAILS ZONING:
Light manufacturing (retail use permitted)
IMPROVEMENTS:
61,510 NRSF (1 building, 1 story)
STRUCTURAL SYSTEMS:
Concrete slab-on-grade foundation
BUILDING EXTERIOR:
Painted concrete block exterior
ROOF:
Flat, rolled asphaltic roof
HVAC:
16 roof-mounted HVAC units
PLUMBING SYSTEM:
Electric or gas water heater, existing toilet/plumbing facilities (metered to tenant)
ELECTRICAL SYSTEM:
Overload protection provided by circuit breakers (metered to tenant)
SITE SIGNAGE:
Pylon-mounted sign located at the main entrance to the property, and building-mounted sign
EDGE Realty Capital Markets
Asking Price $1,450,000
ATWOODS
ATWOODS
Images are provided for orientation purposes. Aerials and maps are provided by Google Earth. This represents the latest configuration. No property line is represented. Tours must be scheduled with a transaction specialist named below.
ATWOODS 1811 HIGHWAY 259 NORTH, KILGORE, TEXAS ASKING PRICE/ CAP RATE: $1.45 MILLION/ 8.7%
For additional information, please contact: Brandon Beeson 214 545 6916
[email protected] Steven Smith 214 545 6933
[email protected]