For Sale
$815,000
9500 Service Rd Big Spring, TX 79720
10,180 SF Warehouse, 11.04% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- 10,180-square-foot industrial warehouse on 3.77-9.77 acres in Big Spring, TX.
- Two buildings (2004 & 2010 construction, 2016 renovations) totaling 10,180 SF, including 5,000 SF main office/shop, 2,400 SF covered wash area, 1,050 SF shop/office, and 4,130 SF covered equipment storage.
- Features include 10 offices, 3 bathrooms, 1 conference room, 2 kitchens, 2 shops, small tank farm, ample covered storage, fenced yard, three dock-high doors, and 18-foot ceilings.
- Currently leased to a credit-rated tenant under a NNN lease at $7,500/month, expiring August 30, 2025, with one 3-year renewal option.
- Asking price: $815,000 ($80.06/SF, 11.04% cap rate), $90,000 NOI, fee simple ownership, 100% occupied, zoned C, excellent I-20 Service Road visibility and accessibility.
Property Details for 9500 Service Rd
- Property type
- Warehouses, Industrial properties
- Square Feet
- 10,180 SF
- Class
- B
- Year Built/Renovated
- 2004/2016
- Buildings
- 2
- Stories
- 1
- Lot Size (sq. ft)
- 164,221 SF
- Units
- 2
Location Insight
- City
- Big Spring
- County
- Howard
- State
- Texas
- Latitude
- 32.28723582
- Longitude
- -101.3284398
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - 10,180 SF Warehouse, 11.04% Cap Rate
- Where is the warehouse located?
- The property is located at 9500 Service Rd Big Spring, TX.
- What is the asking price?
- The asking price for this property is $815,000.
- What are key features of this property?
- This property features: 10,180-square-foot industrial warehouse on 3.77-9.77 acres in Big Spring, TX.; Two buildings (2004 & 2010 construction, 2016 renovations) totaling 10,180 SF, including 5,000 SF main office/shop, 2,400 SF covered wash area, 1,050 SF shop/office, and 4,130 SF covered equipment storage.; Features include 10 offices, 3 bathrooms, 1 conference room, 2 kitchens, 2 shops, small tank farm, ample covered storage, fenced yard, three dock-high doors, and 18-foot ceilings.
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