Property Details for 375 Ih 45

Year built

2005

Lot size

4.00 lot acres

Property size

14,800 SF

Property type

Industrial properties

Description

This exceptional 14,800-square-foot industrial facility presents a compelling investment opportunity. Situated on a four-acre lot with significant highway visibility, the property boasts approximately 360 feet of frontage along Interstate Highway 45, a major thoroughfare strategically located between the Dallas-Fort Worth and Houston metropolitan areas. The property's current owner is committed to a long-term tenancy, having signed a five-year lease agreement. This lease includes a unique provision for upfront rent covering the first six months, ensuring immediate and substantial cash flow for the new owner. Following this initial period, regular lease payments commence, providing consistent income generation. Financial projections indicate a solid 9.54% capitalization rate, underscoring the property's strong return on investment potential. This turnkey investment offers a blend of immediate cash flow and long-term stability, making it an attractive proposition for discerning investors seeking a high-return, low-risk opportunity in a prime Texas location. The property's size, location, and lease agreement combine to create a compelling investment package.

Location Insight

City

Fairfield

County

Freestone

State

Texas

Longitude

-96.2109

Latitude

31.7604