SRS Distribution | 3800 Whitehurst Dr
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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
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 | Building Class | C |
Price Per SF | $369 CAD | Lot Size | 3.18 AC |
Sale Type | Investment | Rentable Building Area | 15,000 SF |
Cap Rate | 6% | No. Stories | 1 |
Property Type | Industrial | Year Built | 2005 |
Property Subtype | Distribution | Tenancy | Single |
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 |
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zoning
Zoning Code | C (Commercial) |
C (Commercial) |
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SRS Distribution | 3800 Whitehurst Dr
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