727-731 Stallings Dr, Nacogdoches, TX 75964
15,450 SF | 100% Leased | Industrial Building | Nacogdoches, TX 75964 | $695,000 ($45/SF) | 5.38% Cap Rate
For Sale
Active
Asking Price $695,000
- Property Type
-
Industrial
- Price / Square Foot
- $45
Listing Contacts
- Property Info
Property Overview
This stabilized income property is a fenced and secured 2-building complex totaling 15,450 SF of office/warehouse on 2.96 acres and is under long term lease with Stallion Metal Steel Buildings. The current lease expiration date is 10/31/27 and the tenant has (1) renewal option to extend for an additional 5 years at higher rent through late 2032. Property improvements made in late 2022: Office light ballasts/HVAC/restroom fixtures replaced, new hot water heater and LED lights and upgraded electrical in warehouse, parking lot and service lanes restriped, fence lines trimmed and rear yard regraded.
Property Details
- Class
- B
- Year Built
- 1979
- Stories
- 1
- Lot Size (sq. ft)
- 128,938 SF
Highlights
- Secured Yard
- Heavy Traffic
- Loading Dock
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