2814 Terrell RD, Greenville, TX 75402
2814 Terrell RD, Greenville, TX 75402
2814 Terrell RD, Greenville, TX 75402
2814 Terrell RD, Greenville, TX 75402
2814 Terrell RD, Greenville, TX 75402
2814 Terrell RD, Greenville, TX 75402
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$ 599,000
Est. payment | /mo

2,737 SqFt


Save
$ 599,000
Est. payment | /mo
Save

2,737 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,737 sqft

Price per Sqft $218

Subdivision Greenville

MLS Listing ID 21343766

HOA Y/N No

Year Built 1985

Lot Size 0.437 Acres

Acres 0.437

Property Sub-Type Office

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.

Location

State TX

County Hunt

Zoning Commercial

Direction Please use GPS

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete, Ceramic Tile, Vinyl

Inclusions Building Only

Fireplace No

Exterior

Parking Features Asphalt

Utilities Available Natural Gas Available, None, Sewer Available, Separate Meters, Water Available

Water Access Desc Public

Roof Type Metal

Private Pool No

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID 45031

NEARBY SCHOOL & BUSINESS

Justin Henry

+1(972) 757-6273

justin@justinhenryhomes.com

26875 US Hwy 380 # 112, Aubrey, TX, 76227, United States

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2814 Terrell RD