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109 Kodak Blvd
Longview, TX 75602

$9,010,000 USD

Industrial For Sale  •  46,340 SF

Property Details

  • Property Type Industrial
  • Total Building Size 46,340 SF
  • Lot Size 9.23 AC
  • Year Built 2012
  • Tenancy Single
0 Transit Score
27 Walk Score

Highlights

Absolute NNN Lease Structure - Tenant is responsible for Taxes, Insurance, and Common Area Maintenance (CAM).
Property is being offered at an attractive 8% cap rate with potential for double digit cash on cash returns with current market financing.
Newly Constructed Long-Term Lease - Tenant will commit to a brand new 15-20-year lease extension which will commence at the close of escrow.
Hedged Credit Risk - Corporate Guarantee - The lease is corporately guaranteed by industry leader Global Vessel & Tank, Holdco, Inc. an ESOP Company.
Longview, TX – Strong GDP Growth - #2 – Largest economy in East Texas as both Mining/Oil & Gas, and Manufacturing account for roughly 1/3 of $35B GDP.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
9 min - 4.6 mi
Christopher Laskero 858-414-7849 Alpha Real Estate Advisors
Christopher Laskero 858-414-7849 Alpha Real Estate Advisors