For Sale
$2,600,000
5560 Kingpin Dr Corpus Christi, TX 78405
High-yield NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $2,600,000 asking price for a Net Leased Warehouse.
- 9,660 SF warehouse built in 2020 with 1.3 years remaining on a 5-year lease.
- 6.45% cap rate and $167,640 annual NOI with 100% occupancy.
- Located on a 1.89-acre lot at 5560 Kingpin Dr, Corpus Christi, TX, with two-way access points and easy highway access.
- Features include 2,160 SF of office space, 6,000 SF of warehouse space, 1,500 SF wash bay, 400 AMP 3-phase power, and six 12'x14' electric overhead doors.
Property Details for 5560 Kingpin Dr
- Property type
- Warehouses, Industrial properties
- Square Feet
- 9,660 SF
- Year Built
- 2020
- Buildings
- 1
- Lot Size (sq. ft)
- 82,328 SF
Location Insight
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Latitude
- 27.777644452464
- Longitude
- -97.464417021552
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - High-yield NNN lease, strong tenant.
- Where is the warehouse located?
- The property is located at 5560 Kingpin Dr Corpus Christi, TX.
- What is the asking price?
- The asking price for this property is $2,600,000.
- What are key features of this property?
- This property features: $2,600,000 asking price for a Net Leased Warehouse.; 9,660 SF warehouse built in 2020 with 1.3 years remaining on a 5-year lease.; 6.45% cap rate and $167,640 annual NOI with 100% occupancy.
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