611 S Gun Barrel Ln - Distribution FOR SALE


Gun Barrel City, TX 75156
$497,000 USD
972-755-5244
611 S Gun Barrel Ln, Gun Barrel City, TX for Sale
$497,000 USD
Distribution - FOR SALE
1/2
null | 8.03% Cap Rate

611 S Gun Barrel Ln
Gun Barrel City, TX 75156


HIGHLIGHTS

  • 20 Year Operating History
  • Priced Below Replacement Costs at $88 Per Foot
  • Regional Warehouse for the daily distribution of Freshly Baked Goods to their Regional Customers

OVERVIEW

The subject property is a 6,000 Square foot free standing building on just over one acre in Gun Barrel, Texas. The tenant Bimbo Bakeries USA, Inc. has been operating at this location for 20 years. The tenant uses this site for quick storage for it's freshly bake goods and uses LTL's to serve their regional customers on a daily basis in the East Texas market. Gun Barrel City lies on the eastern shore of Cedar Creek Reservoir fifty-five miles southeast of Dallas. The community developed after construction of the reservoir in 1969 and grew rapidly and home to the popular Cedar Creek Lake

FOR SALE DETAILS

PRICE

$497,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

8.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bimbo Bakeries USA, Inc.

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01

LAND SF

43,833

ZONING

Industrial

APN/PARCEL ID

0059-0500-0A00-53

ASK ABOUT THIS PROPERTY

Blake BurnettMarcus & MillichapMore Info
972-755-5244

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Blake BurnettMarcus & MillichapMore Info
972-755-5244

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