4800 Joe Ramsey Boulevard E, Greenville, Texas, 75401
$749,900
5,120 Sqft
1.00 Acres
#21356962
6.04% CAP RATE - 5,120 SF - ±4 YEARS 4 MONTHS REMAINING - NATIONAL-BRAND FRANCHISE TENANT Income-producing commercial investment opportunity with an established tenant in place. This 5,120 SF property offers approximately 225 feet of frontage along Highway 69, 40 parking spaces, sprinklered and landscaped grounds in a high-traffic, highly visible location directly across from Hunt Regional Medical Center. The current tenant is a multi-unit franchisee operating under the largest gym franchise in the world. The tenant began a new 5-year lease term on November 25, 2025, providing approximately 4 years and 4 months of remaining lease term, with an additional 5-year option featuring a 10% rent increase. At the current listing price, the property offers an approximate 6.04% cap rate. Highway 69 frontage, proximity to Hunt Regional Medical Center, ample parking, and an established national-brand franchise location combine to create a compelling opportunity for an investor seeking an income-producing commercial asset with long-term lease potential. Contact listing agent for lease details, financial information, and additional property documentation.
PROPERTY FEATURES
- 1 Unit(s)
- Utilities : Asphalt,City Sewer,City Water,Concrete,Curbs,Electricity Connected,Individual Gas Meter,Individual Water Meter,Overhead Utilities,Sidewalk
- Parking Features: Additional Parking,Assigned,Common,Concrete,Direct Access,Parking Lot,Private
- Security Features : Burglar,Key Card Entry,Prewired,Security Lights
- Accessibility Features: Accessible Approach with Ramp,Accessible Bath - Full,Accessible Doors,Accessible Entrance,Accessible Hallway(s),Meets ADA Requirements
- Lot Features : Cleared,Few Trees,Landscaped,Leasehold,Sprinkler System
- Lot Features : Metal
- Road Frontage Type : State Road
- Building Use : Bar/Taverns,Beauty/Barber,Building Services,Church,Food Service,Laundromat,Medical,Office,Restaurant,Retail,Wholesale,Other
- Cooling: Electric
- Heating : Electric
- Construction Materials: Metal Siding,Stucco
- Construction Materials Walls : Metal,Plaster
- Foundation Details: Slab
- Flooring : Concrete
- Ceiling Height : 15 to 20 Feet
- Green Verification Count : 0
- Special Notes : Aerial Photo,Owner/ Agent,Survey Available,Other
- Zoning Description : Commercial
PROPERTY DETAILS
ID: 21356962
Status: Active
Price: $749,900
Acres: 1.00 Acres
Price Per Acre: $749,900
Type: Commercial
Address: 4800 Joe Ramsey Boulevard E
City, State: Greenville, Texas
County: Hunt
Zip Code: 75401
Lat/Long: 33.127934, -96.128574
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