For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

9500 Service Rd Big Spring, TX 79720

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

10,180 SF Warehouse, 11.04% Cap Rate

Property size:
10,180 SF

Property Features for 9500 Service Rd

General Information

Property type
Distribution properties
Square Feet
10,180 SF
Class
B
Lot Size
164,221 SF

Building Details

Year Built/Renovated
2004/2016
Buildings
2
Stories
1
Units
2

We can help!

Listing Contact
John King

Listing Agency: JBK Enterprises Listing Agent: John King

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more


Overview

This exceptional investment opportunity presents a 10,180-square-foot industrial warehouse located at 9500 S I-20 Service Rd, Big Spring, Texas, 79720. The property, situated on 3.77 to 9.77 acres of land, comprises two buildings constructed in 2004 and 2010, with renovations completed in 2016. The main building features a 5,000 square foot main office and shop with a 2,400 square foot covered wash area/storage. A second building offers 1,050 square feet of shop/office space and an attached 4,130 square foot covered equipment storage area. The property boasts a total of 10 offices, 3 bathrooms, 1 conference room, and 2 kitchens. Additional features include two shops, a small tank farm, ample covered storage, and a fenced yard. The warehouse benefits from three dock-high doors and 18-foot ceilings. Currently leased under a triple-net (NNN) lease with a credit-rated tenant, the lease commenced August 31, 2022, and expires August 30, 2025, with a remaining term of two years. The lease includes one three-year renewal option at market rate, not less than the last rate paid. The asking price is $815,000, representing a price per square foot of $80.06 and a cap rate of 11.04%. The property is zoned C and offers excellent visibility and accessibility from I-20 Service Road. The current net operating income (NOI) is $90,000. This property is a fee simple ownership and is currently 100% occupied.
Property Profile Location Intelligence

Current Use by Public Records

Clariant Coahoma Corporate Office

Suggested Use

Auto Repair Shop Hotel & Motel Daycare Center Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Big Spring
County
Howard
State
Texas
Longitude
-101.3284398
Latitude
32.28723582

FAQs

What type of property is this?
Distribution property - 10,180 SF Warehouse, 11.04% Cap Rate
Where is this distribution property 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.
(903) 753-2350 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message