6365 Us Highway 59 Marshall, TX 75672
Industrial property with long-term leases and income growth potential.
Property size:
31,360 SFLot size:
19.00 AcresProperty Features for 6365 Us Highway 59
General Information
- Standard status
- Active
- Zoning
- Outside City Limits
- Size
- 31,360 SF
- Lot size
- 19.00 Acres
Building Details
- Year built
- 1972
Source:
Crexi
Listing Agency: NRG Realty Group Listing Agent: Justin Dodd
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Industrial Asset on Highway 59
Located at 6229 & 6365 Hwy 59, this industrial asset features 31,360 square feet of improvements on 19.024 acres. The property is leased to two established energy and environmental service providers under long-term, triple-net leases. The location along Highway 59 provides regional access suitable for heavy equipment, pipeline logistics, and environmental transportation operations. The property has two separate addresses and demised premises. Tenancy includes Baywater Pipeline at 6229 Hwy 59 (9,560 SF on 4.12 acres) and Louisiana Environmental Transportation (LET) at 6365 Hwy 59 (21,800 SF on 14.9 acres). Both companies serve the Gulf Coast energy sector. Leases extend to September 2028 and January 2031, respectively, on a NNN basis with 3% annual rent escalations. The current in-place income totals $319,710 NOI. Improvements include four primary buildings with office and shop areas, two covered wash bays, a 10-ton crane, and a fenced, stabilized yard suitable for heavy laydown and truck circulation. The property is located in Marshall, TX.
Location Intelligence
Current Use by Public Records
Industrial properties
Location Insight
- Map
- Local Demand
- City
- Marshall
- County
- Harrison
- State
- Texas
- Longitude
- -94.360616
- Latitude
- 32.480211
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FAQs
What type of property is this?
Industrial property - Industrial property with long-term leases and income growth potential.
Where is this industrial property located?
The property is located at 6365 Us Highway 59 Marshall, TX.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: - Long-term, triple-net (NNN) leases with established tenants ensure stable income.; - Attractive 8.30% cap rate with $319,710 Net Operating Income (NOI) and embedded upside through 3% annual rent escalations.; - Mission-critical industrial asset strategically located along Highway 59.
