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Property profile & analytics
OFF-MARKET
Office Spaces

113-115 Frances St Terrell, TX 75160

Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 4,144 square foot office building presents a fantastic leasing opportunity in the thriving city of Terrell, Texas, located within Kaufman County—one of the nation's top 10 fastest-growing counties. Built in 1940 and situated on a 5,227 square foot lot, this two-story building offers a blend of traditional office space and coworking potential. The property features a spacious reception area, thirteen private offices or conference rooms, and a large 22' x 26' upstairs training room, ideal for various business needs. A convenient kitchen and break area are also included. The building is primarily furnished, with all furnishings available for negotiation as part of the lease agreement. The lease is a triple net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and maintenance. The absence of elevators should be noted. This property is perfect for a business seeking a well-equipped, versatile space in a rapidly expanding market. The building's layout and amenities provide flexibility for a variety of uses, making it an attractive option for companies of all sizes.

Property profile
Verified
Property type Office Spaces
Year built 1940
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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