2814 TERRELL ROAD, GREENVILLE, TX 75402

Homes for sale in Greenville.

Homes for sale in 75402.


Active

List Price$599,000

2814 Terrell Road

Greenville, TX 75402

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21343766

2,737

Square Feet

1

Number of Units

Commercial

Type

About This Property

State Farm sale-leaseback investment opportunity featuring a ±2,737 SF freestanding commercial building on ±0.437 acres at 2814 Terrell Road, Greenville, Texas. The property is commercially zoned, offers on-site parking, and is located on a high-visibility commercial corridor. Seller will execute a new five-year NN lease at closing with 2% annual rent escalations and two 5-year renewal options, providing stable income with a 6.85% going-in cap rate and long-term investment potential.

Property Features

Location Information

County

Hunt

Subdivision

Greenville

Interior Features

Has Fireplace

No

Floors

Concrete, Ceramic Tile, Vinyl

Heating

Central, Electric

Tenant Pays

All Utilities, Common Area Maintenance, Electricity, Gas, Insurance, Other, Sewer, Taxes

Cooling

Central Air, Electric

Total Number of Units

1

Exterior Features

Construction

Brick, Other

Lot Size in Sq. Ft.

19,035

Foundation

Slab

Possible Best Use

Office, Other, Retail

Roof

Metal

Zoning

Commercial

Utilities

Natural Gas Available, None, Sewer Available, Separate Meters, Water Available

Building Total Area (Sq. Ft.)

2,737

Parking Description

Asphalt

Is One Story

No

Lot Size in Acres

0.437

Additional Information

Year Built Details

Preowned

Year Built

1985

Property Type

COM

Status

Active

Property SubType

Office

Lot Acres Source

Public Records

Similar Listings

Mortgage Calculator

$2,796

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,158

Monthly Tax

$499

Monthly Insurance

$139

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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