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1595 S US Highway 79 10,612 SF Industrial Building Carthage, TX 75633 $1,100,725 CAD ($103.72 CAD/SF) 9.96% Cap Rate
Investment Highlights
- Nice passive Net lease investment opportunity in East Texas
- Long standing tenant history
- Property is in excellent condition
Executive Summary
Property Type: Light Industrial / Office / Flex
Total Building Size: +/- 10,612 SF
Land Area: +/- 5.442 Acres (237,054 SF)
Buildings: 3 (Lab, Office, Warehouse)
Construction: Steel Frame with Metal Exterior
Roof: Pitched Metal
Clear Height: 20 Feet
Drive-In Doors: 4
Office Ratio: 41%
Year Built: 1998–2018
Condition: Average — Well Maintained
Parking: Paved
Zoning: Not Zoned
Southern Petroleum Labs- SPL
5 yr lease started 1/2025
Rent is $79,165.52/ yr NNN
$2,400 / yr rent increases
$795,000 Sale Price
Total Building Size: +/- 10,612 SF
Land Area: +/- 5.442 Acres (237,054 SF)
Buildings: 3 (Lab, Office, Warehouse)
Construction: Steel Frame with Metal Exterior
Roof: Pitched Metal
Clear Height: 20 Feet
Drive-In Doors: 4
Office Ratio: 41%
Year Built: 1998–2018
Condition: Average — Well Maintained
Parking: Paved
Zoning: Not Zoned
Southern Petroleum Labs- SPL
5 yr lease started 1/2025
Rent is $79,165.52/ yr NNN
$2,400 / yr rent increases
$795,000 Sale Price
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Air Conditioning
- Smoke Detector
- Breakroom
Utilities
- Lighting - Fluorescent
- Water - County
- Heating - Gas
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 24524 | Improvements Assessment | $569,241 CAD |
| Land Assessment | $74,908 CAD | Total Assessment | $644,149 CAD |
Property Taxes
Parcel Number
24524
Land Assessment
$74,908 CAD
Improvements Assessment
$569,241 CAD
Total Assessment
$644,149 CAD
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1595 S US Highway 79
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