375 Ih 45 Fairfield, TX 75840
- Industrial properties
- 14,800 SF
- 4.00 lot acres
Current Use by Public Records
- Industrial properties
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Freestone
- State
- Texas
- Longitude
- -96.2109
- Latitude
- 31.7604
