Description
Remodeled, updated 3-unit strip center on high traffic highway- TXDOT traffic count- over 4,500/day. Excellent condition. Each unit has it's own electric meter, hvac system, and restroom. Two units leased, middle unit is available: $800/Month/Min 1 yr lease. Can be full owner occupy; or income producing portfolio investment; or mixture of both. Running about a 9% capitalization rate, and that's conservative. Hard to find that high of a cap. rate for commercial property anywhere in real estate.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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2,230SQFT
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$146$/SQFT
School Ratings & Info
Description
Remodeled, updated 3-unit strip center on high traffic highway- TXDOT traffic count- over 4,500/day. Excellent condition. Each unit has it's own electric meter, hvac system, and restroom. Two units leased, middle unit is available: $800/Month/Min 1 yr lease. Can be full owner occupy; or income producing portfolio investment; or mixture of both. Running about a 9% capitalization rate, and that's conservative. Hard to find that high of a cap. rate for commercial property anywhere in real estate.
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