Interstate 20 Industrial Warehouse and Offices

Industrial for Sale
Catylist Listing ID: 30342903
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Research & Development, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 156,000 SF
Gross Land Area: 7.34 - 8 Acres
Sale Price: $3,995,000
Unit Price: $25.61 PSF
Ceiling: 28 ft.
Docks/Doors: 11 Docks, 15 Doors
Office SF: 12,500 SF
Drive In Bays: 4 Bays
Property Use Type: Net Leased Investment (NNN)
Building Name: Interstate 20 East Warehouse and Offices
Usable Size (USF): 156,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2018

Overview / Comments

Great manufacturing complex or industrial distribution warehouse.
Rail spur access on the property edge.
480 volt 3 phase power to the building.
Municipal sewer.
Frontage road access.
Interstate 20 at Hwy 155 North exit easy on and off.
Truck stop borders the industrial park.
Industrial Fire supression system in building.
12000 plus square feet of office and conference room.
Restroom and Shower facility in warehouse.

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: Smith County
Tax ID/APN: R107779
Property Located Between: Highway 155 North and Interstate 20 East
Highway Access: Highway 155 North and Interstate 20 East. Property has 9 Truck bay doors on the Eastern side of the building with full access to F.M. 3311.
Airports: Tyler Pounds
Site Description: This site has the best location for manufacturing or distribution facility with easy access to a rail spur and great access to on and off ramps of I-20 east.
Area Description: Surrounded by other similar Industrial facilities
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 156,000 SF
Property Condition: Good
Year Built: 1955
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: Newly redesigned front that faces the frontage road, remainder of the building consists of metal siding.
Parking Ratio: 1 (per 1000 SF)
Parking Type: Surface
Parking Description: Asphalt parking area to the east side of building. Approximatly 1 acre in front of the building can accommodate numerous parking spaces if necessary.
Total Parking Spaces: 28
Eave Height: 20
Column Spacing: 40
Overhead Cranes: Undisclosed
Sprinklers: Wet
Volts: 480
X-Phase: 3
Heat Type: Electricity, Other
Heat Source: Other
Air Conditioning: Other
Lighting: Metal Halide
Internet Access: ISDN, T1/T3
Interior Description: Office spaces updated in 2017. Warehouse space currently in use by prior tennat as they move out.
Zoning Description: Industrial
Lot Frontage: TBD
Lot Depth: TBD
Water Service: Other
Sewer Type: Municipal
Easements: Electric Lines
Land Ownership: Fee simple or Leasehold

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,111 5,210
Median Age: 36.02 37.24
Households: 1,472 1,881


Photograph of Listing Agent

Kurt Helbig

Griffin Real Estate Group GTAR Commercial Member
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