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853 Marvin A Smith

kilgore, TX 75662

$5,750,000

  • Contract signed

Interested? Let's Connect

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.

Details

36,400 Sq Ft

11.32 Private Acres Lot Size

industrial

Built in 2023

MLS/Listing ID 21162438

1 Stories

1 Units

Amenities & Features

Parking - Paved

Lot - Acreage

Slab

Construction - Metal Siding

Metal

Parking - Concrete

Parking - Parking Lot

Concrete

Cooling - Central Air

Interested In 853 Marvin A Smith?