2814 Terrell Road, Greenville, Texas, 75402
$599,000
2,737 Sqft
0.44 Acres
#21343766
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.
PROPERTY FEATURES
- 1 Unit(s)
- Utilities : City Sewer,City Water,Concrete,Individual Gas Meter,Individual Water Meter,None
- Parking Features: Asphalt
- Lot Features : Metal
- Building Use : Office,Retail,Other
- Cooling: Central Air,Electric
- Heating : Central,Electric
- Construction Materials: Brick,Other
- Foundation Details: Slab
- Flooring : Ceramic Tile,Concrete,Vinyl
- Ceiling Height : 11 to 14 Feet
- Green Verification Count : 0
- Zoning Description : Commercial
PROPERTY DETAILS
ID: 21343766
Status: Active
Price: $599,000
Acres: 0.44 Acres
Price Per Acre: $1,370,709
Type: Commercial
Address: 2814 Terrell Road
City, State: Greenville, Texas
County: Hunt
Zip Code: 75402
Lat/Long: 33.106602, -96.110452
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