Property Description
Great Investment property for sale, and it is fully leased out. The whole property is Fenced off. It has a 4-bay metal building of 1800sqft installed a month ago. Has a 384 sqft furnished office built in 1995. The property has power and electricity! The current lease holder terms are $5000 a month NNN with a 2% increase in base rent each year. 2-year lease with an automatic 2-year extension.The property borders the biggest dealership in Commerce, Family Ford of Commerce. The tenant is responsible for a million-dollar insurance policy and pays property tax, CAM, Water, electricity, phone, and internet. The landlord doesn’t have any kind of expenses. The tenant has a transportation company, So they are parking 53-foot trailers on the property.
Features
: Central, None
: None, Central Air
: Concrete, Additional Parking
: Concrete
: Electricity Available, City Sewer, City Water, Other, Co-op Electric
Address Map
US
TX
Hunt
Com
75428
State Highway 224
W96° 5' 14.3''
N33° 15' 8.5''
Additional Information
https://www.propertypanorama.com/instaview/ntreis/20210753
1
599000.00
1
: Other, Slab, Concrete Perimeter
: Other, Metal Siding, Steel Siding, Aluminum Siding
Auto Rent/Lease,Commercial,Professional Office,Other
Listing Information
Dania Hamid
Expired
2023-05-31T00:11:20Z
ntreis

Commercial Sale For Sale

109 State Highway 224 , Commerce, Hunt County, Texas 75428, USA

3.38 Acre
Visits : 11 in 19921 days
$595,000
Listing ID #20210753
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 20210753
Price : $595,000
Year Built : 2022
Lot Area : 3.38 Acre
Status : Expired
Office Name : Citiwide Alliance Realty
Agent Name : Abdul Hamid
Property Sub Type : Industrial
Roof : Other, Metal, Mixed
Agent info
Tracy Hammons
AT Home Texas Real Estate
7902 Traders Circle Suite A
Contact Agent