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Millsap, TX 76066
$2,898,000

About this home

SALE WITH TENANT IN PLACE, BUILD TO SUIT OR PURCHASE VACANT LAND. 27,725 Sq. Ft. warehouse building on 10 acres with tenant in place utilizing the building and 3 acres of land currently. 8% Cap Rate with escalation lease in place. Property has 3 phase electricity, multiple loading docks, and office area. Property is in a secluded location within close proximity to the Brazos River with easy access via Interstate 20. 3 YEAR LEASE IN PLACE WITH 4% ESCALATION PER YEAR UNITL NOVEMBER 2027. CURRENT LEASE RATE IS 16,172 PER MONTH.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
27725
Living Area
0
Lot Size (Acres)
10
Property Subtype
Warehouse
Property Type
Commercial Sale
Status
Active

Interior

Cooling
Central Air
Fireplaces
0
Flooring
Concrete
Heating
Central

Exterior & Construction

Construction
Metal Siding
Foundation
Slab
Roof
Metal

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Millsap
County
Parker
ZIP Code
76066
State
TX
Subdivision
Meeks

Financial

Price
2898000

Utilities

Sewer
Private Sewer
Utilities
Sewer Available, Water Available

Listing Details

Listing Agent
Krayton Kirkpatrick
Listing Office
Kirkpatrick Realty
MLS #
20842691
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/20842691

Listing agents

Listing AgentKrayton KirkpatrickKirkpatrick Realty

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