Remarks

This stabilized income property is a fenced and secured 2-building complex totaling 15,450 SF of office/warehouse on 2.96 acres and is under long term lease with Stallion Metal Steel Buildings. The current lease expiration date is 10/31/27 and the tenant has (1) renewal option to extend for an additional 5 years at higher rent through late 2032. Property improvements made in late 2022: Office light ballasts/HVAC/restroom fixtures replaced, new hot water heater and LED lights and upgraded electrical in warehouse, parking lot and service lanes restriped, fence lines trimmed and rear yard regraded.

Details

MLS#: 22400158
Price: $695,000

Style: Commercial Investment
Sq Ft: 15450
Year Built: 1979

County: Nacogdoches
Subdivision: Other

School Elementary: Mike Moses
School Middle: Mcmichael Middle School
School High: Nacogdoches