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Offered by Frank Roberts of Re/Max Landmark.

Description

14,240 SF commercial office building with class A tenant in place with 10 years remaining on lease. This tenant is a government agency and has renewed their lease. Building has plenty of parking front and rear of building. Lease is modified Gross lease, @ $18.90psf. 7% cap rate. Great opportunity for investors.

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© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-09-20T20:39:46.037.
www.topservicerealestate.com/homes/115521768
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2525 E Us Highway 175 Kaufman, TX 75142

  • Price: $3,176,000
  • Status: Active Option Contract
  • Updated: 82 min ago
  • MLS #: 14541566
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Beds
0
Baths
0
½ Baths
2.35
Acres
2003
Built
Neighborhood:
Kaufman Physical Therapy
County:
Kaufman
Area:
Kaufman County
Property Description
14,240 SF commercial office building with class A tenant in place with 10 years remaining on lease. This tenant is a government agency and has renewed their lease. Building has plenty of parking front and rear of building. Lease is modified Gross lease, @ $18.90psf. 7% cap rate. Great opportunity for investors.
Exterior Features

Construction Brick Construction Materials Walls Brick Foundation Slab Parking Or Garage FrontOpenGarage-Open And UnassignedRearUnassigned Spaces Roof Metal

Interior Features

Ceiling Height 11 To 14 Feet Commercial Features Fire Alarm Flooring CarpetLaminate Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 14240 Sq Ft Gross 102252 Sq Ft Leasable 14240

Property Features

Building Area Source Tax Building Use Office Commercial Zoning Comm Construction Status Preowned Gross Annual Expenses 32009 Gross Annual Income 240000 Inclusions Building Only Leasable Spaces 3 Lease Terms Through 2031 Lot Size Source Tax Min Lease Rate 18.90 Multi Zoning No Municipal Utility District No Net Annual Income 207991 Owner Pays Lawn CareMaintenanceTaxes Possession Negotiable Property Type Com-Sale Proposed Financing CashConventional Special Notes Aerial PhotoMeets Ada Guidelines Tenant Pays ElectricSewerWater Unexempt Taxes 25409 Utilities AsphaltCity Sewer Will Subdivide No

Listing information © 2021 North Texas Real Estate Information System.


© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-09-20T20:39:46.037.
 
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Keller Williams Realty
2813 S. Hulen, Suite 150
Fort Worth TX, 76109
Offered by Frank Roberts of Re/Max Landmark.