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For Sale - Single Tenant Absolute Net Leased Industrial


Address: 2800 Blacksmith Ln
Kerrville, TX 78028
Description: Warehouse/Manufacturing/Distribution; 50,000 SF
Sector:
Location Details: Just off Junction Highway in west Kerrville, this is a sale leaseback opportunity with a strong local community oriented business. At closing, the Seller will sign a 10 year, Absolute Net lease. Located just off the southernmost cross-country interstate highway running from Jacksonville, Florida to Santa Monica, California and nestled in the hills of the Texas Hill Country, Kerrville is best known for its beautiful parks that line the Guadalupe River, which runs directly through the city. Other features include its nearby youth summer camps, hunting ranches, and RV parks. It is also the home of Texas' Official State Arts & Crafts Fair and the renowned Kerrville Folk Festival.
Amenities YEAR 1 NOI: $210,000 ($.35/sf/mo or 4.20/sf/year)
  CAP RATE: 9%
  LEASE TERM: 10 Years
  ESCALATIONS: 2.5%
Square Footage: 50,000 SF
Price: $2,330,000 ($46.60/sf)
Taxes:
Utilities:
Exp:
Comments: EXTENSION OPTIONS: Four x 5 Year
EXTENSION OPTIONS ESCALATIONS: 2.5%
LEASE TYPE
ACREAGE: 2.21: Absolute NNN

Phone: 512 · 458-8153
 
Adam Fike
Ext: 210
Lawson Pedder
Ext: 203
Fax: 512 · 458-8154  
Visit: Our Website - swsg.com  


The information contained herein, while based upon information supplied by the owner and from other sources deemed to be reliable, is not in any way warranted by Southwest Strategies Group or the owner of the property and is presented subject to sale, change in price, or removal from the market without notice. Interested persons are encouraged to retain legal and technical consultants to advise them of any and all aspects of this property.