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.
Commercial Sale For Sale
109 State Highway 224 , Commerce, Hunt County, Texas 75428, USA
- Tracy Hammons
- View website
- 9034542824
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TRACY.HAMMONS@ATHOMETX.COM