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700 S Cherry Ln, White Settlement, TX 76108

$1,100,000

700 South Cherry Lane, White Settlement, TX 76108

Active
Last Updated: 03/06/2024

5.89

Cap Rate

4,455 sqft

Building Size

Details:
Cap Rate:    5.89%
Building Size:    4,455 sqft
Occupancy:    100%
Description:

PROPERTY TYPE: Retail
PROPERTY SUBTYPE: Auto Repair
BLDG. SIZE: 4,455 SF
BLDG. CLASS: B
YEAR BUILT: 1982
YEAR RENOVATED: 2017


 


PRICE: $ 1,100,000
PRICE PER SF: $248
CAP RATE: 5.89%
NOI: $ 64,800


 


PERCENT LEASED: 100%
TENANCY: Multiple
ZONING: Light Industrial
PARKING: 16 Spaces (3.59 Spaces per 1,000 SF Leased)
FRONTAGE: 130 FT on S Cherry Lane




PROPERTY TYPE: Retail
PROPERTY SUBTYPE: Auto Repair
BLDG. SIZE: 4,455 SF
BLDG. CLASS: B
YEAR BUILT: 1982
YEAR RENOVATED: 2017


 


PRICE: $ 1,100,000
PRICE PER SF: $248
CAP RATE: 5.89%
NOI: $ 64,800


 


PERCENT LEASED: 100%
TENANCY: Multiple
ZONING: Light Industrial
PARKING: 16 Spaces (3.59 Spaces per 1,000 SF Leased)
FRONTAGE: 130 FT on S Cherry Lane




100% Occupied Investment Opportunity
6 Bay Automotive Center
3 Units Include: Tire Repair Shop, Auto Detail, and Rim Shop
Well Established Tenant’s with Occupancy Ranging from 8 to 15 Years
Additional Individual Rear Space for Expansion, Storage or Rear Parking
Renovations Completed in 2017

Map:
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