145 Gray Dr - Industrial FOR SALE


Livingston, TX 77351
$5,900,000 USD
512-535-5787
145 Gray Dr, Livingston, TX for Sale
$5,900,000 USD
Industrial - FOR SALE
1/3
null | 6.7% Cap Rate

145 Gray Dr
Livingston, TX 77351


HIGHLIGHTS

  • Clean facility built in 2016 that features ±59,900 NRSF
  • Fully stabilized facility with strong historical performance and positive occupancy growth in 2024
  • Very attractive day-1 cap rate on a facility of this size, at 6.70% based on T-12 NOI with adjusted market expenses
  • Limited climate controlled competition, as this is one of only four facilities offering climate controlled in a 5-mile radius
  • Excellent visibilty, frontage, and access from US Highway 190 which sees over 10,000+ vehicles per day
  • Additional income streams producing solid ancillary income – including two warehouses, an office, and a rental home

OVERVIEW

Broker of Record Patrick Graham License No. 9005919 (TX) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CROSSIN MOVING & STORAGE

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.93

LAND SF

171,191

ZONING

-

APN/PARCEL ID

S1960-0018-00,S1960-0019-00,S1960-0025-00,S1960002400

ASK ABOUT THIS PROPERTY

Gray GriffinMatthews Real Estate Investment ServicesMore Info
512-535-5787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gray GriffinMatthews Real Estate Investment ServicesMore Info
512-535-5787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.