
Description
Incredible Investment Opportunity! This commercial property presents a prime chance to grow your portfolio and maximize your returns. With a triple net lease in place, current tenants are secured for the next five years, offering a stable income stream. The lease includes a yearly 5% rent increase, ensuring consistent growth in your investment.Situated on a large 2.5-acre lot, this 18,800 square foot warehouse provides privacy and security, making it an attractive option for any business. The property's strategic location, just minutes away from the thriving industrial and college town of Durant, and a short 25-minute drive to the Texas state line, offers direct access to the bustling Dallas Fort Worth area.Expand your portfolio effortlessly with this already rented property. The warehouse features a total of 1,880 square feet, consisting of two commercial buildings. The first building measures 100 x 40 feet, with two 50 x 100-foot spaces and one 30 x 100-foot open space, complemented by a convenient 10 x 100-foot bay in the middle. The second building, sized at 60 x 80 feet, offers a slab floor, fully spray foam insulated walls, two bathrooms, three office spaces, and a spacious common area. Additionally, there are three 26 x 40-foot rooms, providing ample space for various business needs.Equipped with 23 4-ton AC units and propane heat, this property ensures a comfortable working environment year-round. Security fences provide enhanced privacy and protection, while a large Connex is available for additional storage. The property also boasts a generous parking area, accommodating employees and customers with ease.Don't miss out on this exceptional investment opportunity, perfect for a 1031 exchange. Act now to secure this property and unlock its potential for long-term growth and financial success. Call us today for further details and take advantage of this opportunity!
-
0BEDS
-
2.5ACRES
-
0BATHS
-
01/2 BATHS
-
18,800SQFT
-
$61$/SQFT
Description
Incredible Investment Opportunity! This commercial property presents a prime chance to grow your portfolio and maximize your returns. With a triple net lease in place, current tenants are secured for the next five years, offering a stable income stream. The lease includes a yearly 5% rent increase, ensuring consistent growth in your investment.Situated on a large 2.5-acre lot, this 18,800 square foot warehouse provides privacy and security, making it an attractive option for any business. The property's strategic location, just minutes away from the thriving industrial and college town of Durant, and a short 25-minute drive to the Texas state line, offers direct access to the bustling Dallas Fort Worth area.Expand your portfolio effortlessly with this already rented property. The warehouse features a total of 1,880 square feet, consisting of two commercial buildings. The first building measures 100 x 40 feet, with two 50 x 100-foot spaces and one 30 x 100-foot open space, complemented by a convenient 10 x 100-foot bay in the middle. The second building, sized at 60 x 80 feet, offers a slab floor, fully spray foam insulated walls, two bathrooms, three office spaces, and a spacious common area. Additionally, there are three 26 x 40-foot rooms, providing ample space for various business needs.Equipped with 23 4-ton AC units and propane heat, this property ensures a comfortable working environment year-round. Security fences provide enhanced privacy and protection, while a large Connex is available for additional storage. The property also boasts a generous parking area, accommodating employees and customers with ease.Don't miss out on this exceptional investment opportunity, perfect for a 1031 exchange. Act now to secure this property and unlock its potential for long-term growth and financial success. Call us today for further details and take advantage of this opportunity!