2814 Terrell Rd, Greenville, TX 75402

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List Price
$599,000
MLS#
21343766
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1985
Construction Status
Preowned
Acres
0.44
County
Hunt
City
Greenville
Subdivision
Greenville

Property Description

State Farm sale-leaseback investment opportunity featuring a ±2,737 SF freestanding commercial building on ±0.437 acres at 2814 Terrell Road, Greenville, Texas. The property is commercially zoned, offers on-site parking, and is located on a high-visibility commercial corridor. Seller will execute a new five-year NN lease at closing with 2% annual rent escalations and two 5-year renewal options, providing stable income with a 6.85% going-in cap rate and long-term investment potential.

Additional Information

Tenant Pays
AllUtilities, CommonAreaMaintenance, Electricity, Gas, Insurance, Other, Sewer, Taxes
Lot Size
19,035
Acres
0.44
Flooring
Concrete, Tile, Vinyl
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Asphalt
Possession
Negotiable
Proposed Use
Office, Other, Retail
Inclusions
Building Only

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Calculator source: Real Geeks

Listing courtesy of Karan Aulakh , CCIM from KARE Investment Sales & Leasing. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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