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Bimbo Bakeries USA, Inc. 611 S Gun Barrel Ln

6,000 SF Industrial Building Gun Barrel City, TX 75156 £388,878 (£65/SF) 8.03% Net Initial Yield

Investment Highlights

  • 20 Year Operating History
  • Regional Warehouse for the daily distribution of Freshly Baked Goods to their Regional Customers
  • Priced Below Replacement Costs at $88 Per Foot

Executive Summary

The subject property is a 6,000 Square foot free standing building on just over one acre in Gun Barrel, Texas. The tenant Bimbo Bakeries USA, Inc. has been operating at this location for 20 years. The tenant uses this site for quick storage for it's freshly bake goods and uses LTL's to serve their regional customers on a daily basis in the East Texas market. Gun Barrel City lies on the eastern shore of Cedar Creek Reservoir fifty-five miles southeast of Dallas. The community developed after construction of
the reservoir in 1969 and grew rapidly and home to the popular Cedar Creek Lake

Data Room Click Here to Access

Property Facts

Price £388,878
Price Per SF £65
Sale Type Investment
Net Initial Yield 8.03%
Property Type Industrial
Property Subtype Distribution
Lot Size 1.01 AC
Rentable Building Area 6,000 SF
Number of Floors 1
Year Built 1999
Tenancy Single

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0059-0500-0A00-53
Land Assessment
£68,848
Improvements Assessment
£241,373
Total Assessment
£310,221

zoning

Zoning Code Industrial (Light Industrial)
Industrial (Light Industrial)
  • Listing ID: 32566435

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 611 S Gun Barrel Ln, Gun Barrel City, TX 75156

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