3611 N SH-51

3611 N SH-51
None
Weatherford, Texas. 76088
$2,300,000.00
Summary
Building SqFt: 18,927 / Appraiser
Gross SqFt: 18,927 / Appraiser
$/Gr SqFt: $121.52
Zoning: None
# Units:1
Stories:
Year Built: 2009 / Preowned
Unexempt Taxes: $19,890
Leasable SqFt: 18,927
Property Description

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.

Property Information
Pool:
No
Handicapped Accessible:
Yes
Home Owner's Association:
No
Parking:
Directions:
Take SH-51 North from Weatherford, on west side of SH-51 between Old Springtown Road and Green Branch Road intersections.
Possession:
Closing/Funding,Subject to Lease
Property Detail
Flooring:
Carpet,Ceramic Tile,Concrete,Vinyl
Ceiling Height:
15 to 20 Feet
Heating / Cooling:
Central
TransactionIncludes:
Land & Improvements
Construction:
Metal Siding
Wall Construction:
Metal
Roof:
Metal
Foundation:
Slab
Garage / Parking:
Gated,Gravel
Buildings:
0
Utilities:
Aerobic Septic,Electricity Connected,Private Sewer,Private Water,Septic,Well
Listing Information
MLS #:
20599262
Buyers Agent:
Kimball Real Estate
Listing Agent:
Kali Jones
 
(817) 991-2382
Listing Office:
Cultivate Real Estate
 
- - - Information herein deemed reliable but not guaranteed - - -
All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kimball Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Kimball Real Estate

REALTORS® - Broker of Record: Mary Jo Thomas Kimball (License Number 172054)

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