2814 Terrell Rd, Greenville, TX 75402
- $599,000
- List Price
- $599,000
- MLS#
- 21343766
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1985
- Construction Status
- Preowned
- Acres
- 0.44
- County
- Hunt
- City
- Greenville
- Subdivision
- Greenville
Property Description
State Farm sale-leaseback investment opportunity featuring a ±2,737 SF freestanding commercial building on ±0.437 acres at 2814 Terrell Road, Greenville, Texas. The property is commercially zoned, offers on-site parking, and is located on a high-visibility commercial corridor. Seller will execute a new five-year NN lease at closing with 2% annual rent escalations and two 5-year renewal options, providing stable income with a 6.85% going-in cap rate and long-term investment potential.
Additional Information
- Tenant Pays
- AllUtilities, CommonAreaMaintenance, Electricity, Gas, Insurance, Other, Sewer, Taxes
- Lot Size
- 19,035
- Flooring
- Concrete, Tile, Vinyl
- Foundation
- Slab
- Roof
- Metal
- Building Stories
- 1
- Parking Garage
- Asphalt
- Proposed Use
- Office, Other, Retail
- Inclusions
- Building Only
- Possession
- Negotiable
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Listing courtesy of Karan Aulakh , CCIM from KARE Investment Sales & Leasing. Contact: