7000 Deer Run Kemp, TX 75143-3398
- Industrial properties
- 12,400 SF
- 1.22 lot acres
Current Use by Public Records
- Summit Steel Inc / Factory / Production Facility
Property Details for 7000 Deer Run
- Year built
- 2007
- Lot size
- 1.22 lot acres
- Property size
- 12,400 SF
- Property type
- Industrial properties
- APN
- 00.3753.0000.0104.00.04.00
- APU
- 375300000104000400
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Kemp
- County
- Kaufman
- State
- Texas
- Longitude
- -96.2491
- Latitude
- 32.4822
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA