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$ 2,898,000
Est. payment | /mo
10 Acres Lot
$ 2,898,000
Est. payment | /mo
10 Acres Lot
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Subdivision Meeks
MLS Listing ID 20842691
Total Fin. Sqft 27725
Annual Tax Amount $21,640
Lot Size 10.000 Acres
Acres 10.0
Property Sub-Type Warehouse
Property Description
SALE WITH TENANT IN PLACE, BUILD TO SUIT OR PURCHASE VACANT LAND. 27,725 Sq. Ft. warehouse building on 10 acres with tenant in place utilizing the building and 3 acres of land currently. 8% Cap Rate with escalation lease in place. Property has 3 phase electricity, multiple loading docks, and office area. Property is in a secluded location within close proximity to the Brazos River with easy access via Interstate 20. 3 YEAR LEASE IN PLACE WITH 4% ESCALATION PER YEAR UNITL NOVEMBER 2027. CURRENT LEASE RATE IS 16,172 PER MONTH.
Location
State TX
County Parker
Zoning Unzoned
Direction Exit 394 off Interstate 20. Left over Brandon Bridge Lane. Right on Meeks. Property at Dead End on Right.
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Heat Source Central
Exterior
Utilities Available Private Sewer, Private Water
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Metal Siding
Others
Ownership Miakoda
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20842691
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Listed by Krayton Kirkpatrick • Kirkpatrick Realty
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Tamra Holden
Broker-Associate | Lic# 0625547