Structure / Lot Size21,350 Sqft / 3.738 Acre
Prime Commercial location on US Hwy 377 & 67 in Stephenville, TX . Property sits on 3.378 acres with a 21,350+ sf building. East Side of Building has nearly 10,000 sf of office space, warehouse, & 3 loading docks of which 3875 sf is leased as office space. The additional 5600 sf of space can be rented as either an office or warehouse. The West Side of Building has 5 office spaces, kitchen, & conference room in 1400 sf and a warehouse space of 10,000 sf. Property occupied by owner who would continue a lease at $4275 per month. GREAT INVESTMENT PROPERTY WITH A 5% RETURN ON INVESTMENT WITH A POTENTIAL RETURN OF 9% WHEN RENTED TO CAPACITY.
Area Information 76401
|Date||Transaction||Price||Mortgage Amt & Lender|
Feb 23, 2021
Mortgage Amt & Lender
Listed by Royce Carpenter with HOLLAND HOME & LAND REALTY
Based on information from the North Texas Real Estate Information Systems, Inc., 8/1/2021.