About 398 Meeks Bend
SALE WITH TENANT IN PLACE, BUILD TO SUIT OR PURCHASE VACANT LAND. 27,725 Sq. Ft. warehouse building on 10 acres with tenant in place utilizing the building and 3 acres of land currently. 8% Cap Rate with escalation lease in place. Property has 3 phase electricity, multiple loading docks, and office area. Property is in a secluded location within close proximity to the Brazos River with easy access via Interstate 20. 3 YEAR LEASE IN PLACE WITH 4% ESCALATION PER YEAR UNITL NOVEMBER 2027. CURRENT LEASE RATE IS 16,172 PER MONTH.
Features of 398 Meeks Bend
| MLS® # | 20842691 |
|---|---|
| Price | $2,898,000 |
| Bathrooms | 0.00 |
| Acres | 10.00 |
| Type | Commercial Sale |
| Sub-Type | Warehouse |
| Status | Active |
Community Information
| Address | 398 Meeks Bend |
|---|---|
| Subdivision | Meeks |
| City | Millsap |
| County | Parker |
| State | TX |
| Zip Code | 76066-3638 |
Amenities
| Utilities | Private Sewer, Private Water |
|---|---|
| Garages | On Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Roof | Metal |
|---|---|
| Construction | Metal Siding |
| Foundation | Slab |
Additional Information
| Zoning | Unzoned |
|---|
Listing Details
| Agent | Krayton Kirkpatrick |
|---|---|
| Office | Kirkpatrick Realty |
| Contact Info | (817) 597-0698 |