5560 Kingpin Dr - Warehouse FOR SALE


Corpus Christi, TX 78405- Northwest Corpus Christi
$2,600,000 USD
361-442-2825
5560 Kingpin Dr, Corpus Christi, TX for Sale
$2,600,000 USD
Warehouse - FOR SALE
1/11
null | 6.45% Cap Rate

5560 Kingpin Dr
Corpus Christi, TX 78405
Northwest Corpus Christi


HIGHLIGHTS

  • Investment Property w/ Quality Tenant in Place.
  • Two-Way Access Points w/ Quick Access to Hwy.
  • Recent Construction, with annual rate inscreases.

OVERVIEW

• Approx. 9,660 SF Total (Built in 2020) - Approx. 2,160 SF Office - Approx. 6,000 SF Warehouse - Approx. 1,500 SF Wash Bay • 400 AMP 3 Phase Power • 6 - 12’ x 14’ Electric OH Doors • Approx. 1.89 Acre Fenced and Concrete Paved Yard • Quality Tenant • 3.5% Annual Increases • Zoned IL - Light Industrial • Two-Way Access Points - Private Drive, Access to Read Yard - Direct Access to NPID and Flato Rd. $2,600,000, Asking Price Current NOI $167,640

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.89

LAND SF

82,328

ZONING

IL

APN/PARCEL ID

743400010040

ASK ABOUT THIS PROPERTY

Josh GainesThe Gaines Organization, Inc.More Info
361-442-2825

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Josh GainesThe Gaines Organization, Inc.More Info
361-442-2825

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