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INDUSTRIAL - 100% LEASED NOI $391,000 1105 Old 69 hwy 60,175 SF 100% Leased Industrial Building Kountze, TX 77625 For Sale
Investment Highlights
- 100% LEASED - TWO LARGE TENANTS
- 7.5 ACRES IMPROVED WITH 4 OFFICE/ WAREHOUSES
- NOI $391,000/ ANNUAL WITH LEASE ESCALATION CLAUSES
- LOCATED NORTH OF BEAUMONT (KOUNTZE, TX.)
- INCLUDED +/- 2.76 ACRES UNIMPROVED AREA FOR RESALE OR EXPANSION
Executive Summary
100% LEASED WITH (2) TENANTS ($391,000 / annual * plus leases have escalation clauses * )
Total Industrial facility - (4) buildings with office totaling 60,175 sf PLUS approximately +/- 2.76 acres of additional unimproved property for future expansion or resale.
• Easy access to the highly traveled Hwy 69 north/ south corridor
• Centrally located to travel to Beaumont (23 miles), Port Arthur (40 miles), Woodville (32 miles),Lufkin (80 miles)
• Fenced and gated property is approximately 7.5 acres
• Buildings have varying square footage, eave and crest height and overhead cranes
• Building 2 and 3 (16,875 sf each) were built in 2018- fully insulated with adjacent office space under same roof
• (2) Argon cylinder storage tanks on site and piped to various stations in buildings 2 and 3
• Buildings are surrounded by stabilized yard
• Multiple points of entry to the property
• Some buildings offer key pad lock entry system
• 1800 sf office located on the south end of the complex
Total Industrial facility - (4) buildings with office totaling 60,175 sf PLUS approximately +/- 2.76 acres of additional unimproved property for future expansion or resale.
• Easy access to the highly traveled Hwy 69 north/ south corridor
• Centrally located to travel to Beaumont (23 miles), Port Arthur (40 miles), Woodville (32 miles),Lufkin (80 miles)
• Fenced and gated property is approximately 7.5 acres
• Buildings have varying square footage, eave and crest height and overhead cranes
• Building 2 and 3 (16,875 sf each) were built in 2018- fully insulated with adjacent office space under same roof
• (2) Argon cylinder storage tanks on site and piped to various stations in buildings 2 and 3
• Buildings are surrounded by stabilized yard
• Multiple points of entry to the property
• Some buildings offer key pad lock entry system
• 1800 sf office located on the south end of the complex
Property Facts
| Sale Type | Investment | Rentable Building Area | 60,175 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1990 |
| Building Class | B | Clear Ceiling Height | 26’ |
| Lot Size | 9.50 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | No Zoning - No Zoning in this area -- should be confirmed with the City of Kountze | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 9.50 AC |
| Rentable Building Area | 60,175 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Clear Ceiling Height | 26’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | No Zoning - No Zoning in this area -- should be confirmed with the City of Kountze |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- P&E Construction
- Construction
- 16,875 SF
- -
- -
- Tri Tex Manufacturing
- Construction
- 26,675 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| P&E Construction | Construction | 16,875 SF | - | - | ||
| Tri Tex Manufacturing | Construction | 26,675 SF | - | - |
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Property Taxes
| Parcel Number | 000639-002000 | Improvements Assessment | $0 |
| Land Assessment | $18,700 | Total Assessment | $13,279 |
Property Taxes
Parcel Number
000639-002000
Land Assessment
$18,700
Improvements Assessment
$0
Total Assessment
$13,279
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INDUSTRIAL - 100% LEASED NOI $391,000 | 1105 Old 69 hwy
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