Property Details
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Sue Florsch
Purple Tree Realty
License number: 0649711
mobile: 817 (733) 7791
purpletrteereal­ty.com
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3611 SH-51, Weatherford, Texas 76088, USA
List Price: $2,300,000
Sale price per sqm: 1,308.03 $
Status: ACT
MLS#: 20599262
Property type: Commercial for sale, Industrial
Property Size: 18,927 sqft (1,758.318 m2)
Land size: 4.71 sqft (0.44 m2)
Building Size: 18,927 sqft (1,758.3 m2)
Property Details
2009 Year Built:
Metal Construction:
Resale Condition:
Carpet, Ceramic tile, concrete, vinyl Floors:
Well, septic tank, Private Sewer, Aerobic Septic Utilities:
Central Heating System:
Central Cooling System:
On Slab Basement and Foundation:
Metal Roofing:
Parking / Garage
Gated Parking Parking type:
Remarks
Single-tenant net leased asset being offered with lease expiring in August of 2028 on an approximate 7.5% cap. Tenant has one 5-year renewal option. 3% per annum escalations on lease. Tenant is an oil and gas related operation. Property is comprised of a main office-warehouse building with approximately 35% office finish-out, 7 grade doors ranging from 10' to 16' tall, one attached wash bay, and one mezzanine storage that could be converted to additional office space. The main building has 18' clear heights. The second building is a storage warehouse with equipment shed and it has two grade level doors (12' tall). The third building is a shop building with three grade level doors (12' tall) and restroom. There is one on-site fuel canopy with fuel and well house, two septic systems, and one well. The property has a large fenced-in yard area with highway frontage along SH-51 positioned between Weatherford and Springtown.


Listing by: Cultivate Real Estate

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