$899,000
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0.52 Acres Lot
SOLD DATE : 07/05/2023
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision D Falcon Surv Abs #151
MLS Listing ID 20259495
Sold Date 07/05/23
Total Fin. Sqft 7400
Year Built 2000
Annual Tax Amount $15,438
Lot Size 0.520 Acres
Acres 0.52
Property Description
8.38% CAP RATE! Now available is a fully leased, multi-tenant center on Highway 175. The property features two buildings with conjoined parking. The offering includes a 5,800 square-foot multi-tenant strip with five solid tenants, a 1,600 square-foot freestanding building with one current tenant, and an additional income producing billboard. The center is fully leased within a well-developed area. Situated on Highway 175 Frontage Road, with over 300 feet of visibility, it is located in the booming city of Kaufman and surrounded by many major retailers like Walmart, Brookshire’s, Starbucks and McDonald’s. This center presents a solid investment opportunity in one of the country’s fastest growing counties.
Location
State TX
County Kaufman
Zoning Commercial
Direction Head southeast on US-175 E Take the exit toward TX-34-Ennis Merge onto Oak Creek Dr Continue onto US-175 Frontage Rd Destination will be on the right
Interior
Heating Central
Cooling Central Air
Flooring Combination, Concrete, Varies, Other
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Connected
Roof Type Other
Parking Type Concrete, On Site, Parking Lot, Other
Garage No
Building
Lot Description Cleared, Landscaped
Foundation Slab
Structure Type Brick,Concrete
Others
Ownership See Tax Roll
Financing Other
Special Listing Condition Aerial Photo
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Bought with Loi Phan • eXp Realty, LLC
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