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22055823
22056780

12030 TX-158, Gardendale, TX 79758 For Sale

JD
TX 9004023
NRG Realty Group
NRG Realty Group
DF
NRG Realty Group
Listed by NRG Realty Group
$1,300,000
510 days on market
Updated 12 days ago

GeoChemicals Industrial Investment Opportunity | 8.7 CAP

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 8,000
Net Rentable (SqFt) 8,000
Cap Rate 8.00%
NOI $113,149
Tenancy Single
Price per SqFt $163
Class B
Year Built 2019
Buildings 1
Stories 1
Acreage 3.000
Zoning F1
Investment Type Owner/User
Ceiling Height 20
Sale Condition For sale by owner

GeoChemicals Industrial Investment Opportunity | 8.7 CAP

Marketing description

Discover a fantastic investment opportunity with this 8,000 SF industrial property sitting on 2.173 acres and features a shop and office space. The current tenant's lease ends 12/31/27 with (2) options to renew for 3 years with 5% yearly increase. The office includes reception area, four offices including shop office, conference room, workstation, kitchenette/break room, 2 office restrooms, one shop restroom. The shop is designed with a 5-ton crane, wash-bay (50'x25'x14'), shop break room with locker room, two bay doors measuring 20'x16' and 16'x16. Ideal for industrial or service-based businesses.

Investment highlights

8,000 SF on 2.173 Acres

Highly Visible Location on E. Highway 158

Wash-Bay & 5-ton Crane

Shop Breakroom with Locker Room

Shop Office & Conference Room

4 Offices & 3 Restrooms

Tenants Term: 1/1/25-12/31/27

Current Lease Rate: $12,493.00

Tenant Pays All Utilities

Landlord Pays Taxes, Insurance

Tenant has (2) Options to Renew for 3 Years with 5% Yearly Increases

Listing Contacts

JD
TX 9004023
NRG Realty Group
NRG Realty Group
DF
NRG Realty Group
Listed by NRG Realty Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,149.00
$9,429.08/mo

Valuation Metrics

0
DSCR
8.7%
Cap Rate
8.7%
ROI

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Property History

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Additional Information

Name
Justin Dodd
License
9004023
Brokerage
NRG Realty Group, LLC
Title
President
Brokerage Address
6191 State Highway 161
Name
Amy Brasher Barnett
License
TX 514276
Brokerage
NRG Realty Group
Title
Broker Associate
Name
Dakota Flowers
License
823743
Brokerage
NRG Realty Group
Brokerage Phone
4328955656
Title
Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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