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409 E Highway 72 Hwy

16,000 SF 6% Leased Light Industrial Building Kenedy, TX 78119 £1,173,675 (£73/SF)

Investment Highlights

  • Newly constructed industrial building with 20’ ceiling height and an asphalt paved truck court with potential value-add
  • Frontage on West Main Street (Highway 72), exposed to 7,400 VPD
  • Ideal for a variety of users, including agricultural related businesses, oilfield affiliated services, storage and/or distribution
  • Located in Karnes County, the top producer of crude oil in the Eagle Ford shale play
  • Divisible shell warehouse, never occupied and build out ready for any users needs
  • Within the Eagle Ford Region, a lucrative destination for oil and gas companies

Executive Summary

Oldham Goodwin Group is proud to present 409 East Highway 72, in Kenedy, Texas for sale. Situated on 1.45 acres with frontage directly on Highway 72 (also known as Laredo Road), this newly constructed warehouse/service center building is ready for immediate finish out and occupancy. The property is ideal for single or multiple users, as it can be demised in any configuration to suit the occupants’ needs. Suitable as an investment property, to be leased, or as an owner/user facility. With 20’ clear heights, the building can accommodate a variety of users, including agricultural-related businesses, oilfield affiliated services, storage and/or distribution, etc. The building includes 10 overhead grade level loading doors, and six glass storefront type entrance locations, all facing the front of the property. The parking lot contains 13 striped parking spaces, in addition to the truck loading stations, and is paved with asphalt. Construction is high quality attractive tilt-wall concrete with a TPO roof, and the interior is in 100% shell condition, to be finished out by the new owner or occupant. This new and desirable asset can be acquired below construction cost, and represents a great opportunity for anyone needing a presence or an investment in the area.

Property Facts

Price £1,173,675
Price Per SF £73
Sale Type Investment or Owner User
Property Type Light Industrial
Property Subtype
Light Distribution
  • Industrial Service
Building Class B
Lot Size 1.45 AC
Rentable Building Area 16,000 SF
Number of Floors 1
Year Built 2019
Parking Ratio 0.75/1,000 SF
Clear Ceiling Height 20 ft
Level Access Doors 10
Opportunity Zone Yes

Amenities

  • Storage Space

About 409 E Highway 72 Hwy , Kenedy, TX 78119

Shell Condition Never Occupied ±15,000 RBA, Easily Divisible ±1.45 Acres Less than 5 minutes from Kenedy town center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
103-3760
Land Assessment
£11,584
Improvements Assessment
£153,230
Total Assessment
£164,814
  • Listing ID: 20017551

  • Date on Market: 15/05/2019

  • Last Updated:

  • Address: 409 E Highway 72 Hwy, Kenedy, TX 78119

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