2814 TERRELL ROAD, GREENVILLE, TX 75402
Homes for sale in Greenville.
Homes for sale in 75402.
List Price$599,000
2814 Terrell Road
Greenville, TX 75402
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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