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ClosePrice: | $359,000 |
Property Type: | commercial_industrial |
MLS #: | 24002296 |
Investment or Owner/User opportunity. Approximately half the building was updated in the past two years and may easily be divided for use by more than one tenant/user. 14 private offices, 2 large conference rooms. One conference room is large enough for training or to set up cubicles for additional work space. Reception/lobby, 2 server/copy rooms, large kitchen/break room and 5 private restrooms. One executive office has a fireplace and full bathroom with shower. Deeded easements for driveways and shared septic sytem. Estimated market rent is $12 per square foot NNN which would produce an NOI of approximately $69,090 making this a potential 19% plus Cap Rate. BY APPOINTMENT ONLY. DO NOT DISTURB TENANT. Currently occupied but Tenant is vacating by May 31, 2024. Email us for a showing. | |
Area: | Smith |
Year Built: | 1975 |
Bedrooms: | None |
Bathrooms: | None |
Acres: | 0.67 |
Courtesy: Ivy, Marc • BRIDGEWATER REALTY GROUP • 903-881-3171
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
This content last refreshed on 04/29/2024 03:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.