ATWOODS

Report 0 Downloads 28 Views
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

NN

N-

Le

as

ed

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]