TX
Gregg
Kilgore
75662
853 Marvin A Smith Dr
853 Marvin A Smith Dr, Kilgore, TX 75662
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Listing Type
Commercial/Industrial
Listing Status
Active
13
$5,750,000

Home Details for 853 Marvin A Smith Dr

Price
$5,750,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2023
Lot size acres
11.32
County
Gregg
Garage
Days on site
29
MLS Listing#
21162438
Property Description

Income-producing industrial investment property in Kilgore, TX, leased long-term to Bishop Lifting under a NNN-style lease. This modern pre-engineered metal building (PEMB) totals approx. 36,000 SF, featuring 6,000 SF of Class A office space and 30,000 SF of shop-warehouse space with 26' eave height and (4) 10-ton bridge cranes. The facility sits on a large, usable site with ample stabilized yard area for equipment, laydown, and truck circulation, with convenient access to I-20 and major East Texas industrial markets. The property generates a current annual NOI of approximately $396,000, with contractual rent escalations in place and lease term extending through 2034, providing predictable cash flow and built-in income growth. Single-tenant occupancy, a strong industrial user, and a highly functional crane-served design make this an attractive option for investors seeking stable passive income, 1031 exchange placement, or a long-term industrial NNN hold in the East Texas market. Contact listing agent for full lease details, financials, and offering package.

Property Features
  • Parking
    • Concrete
    • Parking Lot
    • Paved
  • Utilities
    • Electricity Connected
    • Natural Gas Available
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
Listing Courtesy: Julie Woods & Associate RE Fir - 903-587-5373
Presented by: Julie Woods
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-01-23 21:46:03
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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