UPDATED:
11/15/2024 04:22 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision 000041
MLS Listing ID 20690823
Total Fin. Sqft 6525
Year Built 2002
Lot Size 3.154 Acres
Acres 3.154
Property Description
This property is one of the two assets included in this investment package offered at $1,400,000. See the additional asset located at:
457 N. Doctor M. Roper Pkwy, Bullard, TX. Contact agent for more details.
Property sits on the east side of US Hwy 69 in Jacksonville, TX. Two curb-cuts onto Hwy 69 with north entrance accessible to southbound traffic by turn lane. Located approximately 0.32 miles to the south of the Loop 456 and Hwy 69 intersection. Jacksonville is 30 miles south of Tyler, and 100 miles southeast of Dallas.
Highlights:
• Special purpose - Vet Clinic.
• Approximately 500' frontage on Hwy 69.
• Lease type: NNN - 100% leased - National Credit Tenant.
• Lease term 5 years - commenced July 2024.
• Located in an Opportunity Zone.
• NOI: $46,980. CAP: 7.65%.
Location
State TX
County Cherokee
Zoning C-2
Direction From the intersection of E Rusk St (U.S 79) and S Jackson St (U.S 69) in Jacksonville, head south on S Jackson St. Property will be on the left in about 2.8 miles.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Heat Source Central, Electric
Exterior
Utilities Available Electricity Connected
Roof Type Metal
Garage No
Building
Lot Description Interior Lot
Foundation Slab
Structure Type Siding
Others
Ownership ALEXANDER PROPERTY MANAGEMENT LLC
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Omega Mejia
Broker Associate | License ID: 0791400
Broker Associate License ID: 0791400