7000 Deer Run Kemp, TX 75143-3398
This exceptional investment opportunity presents a 12,523-square-foot warehouse located at 7000 Deer Run in Kemp, Texas, within Kaufman County (zip code 75143). Built in 2007, this single-story building sits on a 1.216-acre lot and boasts a 20+ foot ceiling height, ideal for various industrial uses. The property features five loading docks, ensuring efficient operations. Currently occupied by a single tenant under a triple-net (NNN) lease, this asset offers significant long-term stability. The lease extends until 2033, with a built-in option for a five-year extension, and includes a 3% annual rent increase. The asking price is $1,375,000, representing a compelling $109.80 per square foot and a strong 5.72% capitalization rate based on a net operating income (NOI) of $78,689. The property is zoned for commercial and industrial use, providing flexibility for future development. The property's location offers easy highway access, enhancing its logistical advantages. This is a rare opportunity to acquire a well-maintained, income-producing warehouse with a long-term tenant and significant upside potential. The APN is 52988.
-
Summit Steel Inc Factory Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.