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SRS Distribution 3800 Whitehurst Dr

15,000 SF Industrial Building Longview, TX 75602 $5,531,324 CAD ($369 CAD/SF) 6% Cap Rate

Investment Highlights

  • Investment Grade Tenant – With over 750 locations across 47 states, SRS Distribution has quickly grown to be one of the largest roofing and building
  • Attractive Lease / Strong Hedge Against Inflation – SRS Distribution recently signed a new Five (5) Year lease at the site
  • Highly Functional IOS Site – This ±15,000 SF facility sits on ±3.19 AC of land (10.79% Coverage), providing substantial industrial outdoor storage
  • Multiple Recent Expansions – SRS Distribution expanded its operations at the site in 2023 and will further expand in Q1 of 2025
  • Prime Location – The subject property is strategically located directly off I-20, one of the most trafficked roads in the southeast

Executive Summary

Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Price $5,531,324 CAD
Price Per SF $369 CAD
Sale Type Investment
Cap Rate 6%
Property Type Industrial
Property Subtype Distribution
Building Class C
Lot Size 3.18 AC
Rentable Building Area 15,000 SF
No. Stories 1
Year Built 2005
Tenancy Single

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 33855289

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 3800 Whitehurst Dr, Longview, TX 75602

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