398 Meeks Bend, Millsap, TX 76066
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398 Meeks Bend, Millsap, TX 76066
398 Meeks Bend, Millsap, TX 76066
398 Meeks Bend, Millsap, TX 76066
398 Meeks Bend, Millsap, TX 76066
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$ 2,898,000
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398 Meeks Bend Millsap, TX 76066

10 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Subdivision Meeks

MLS Listing ID 20842691

Total Fin. Sqft 27725

Annual Tax Amount $21,640

Lot Size 10.000 Acres

Acres 10.0

Property Sub-Type Warehouse

Property Description

SALE WITH TENANT IN PLACE, BUILD TO SUIT OR PURCHASE VACANT LAND. 27,725 Sq. Ft. warehouse building on 10 acres with tenant in place utilizing the building and 3 acres of land currently. 8% Cap Rate with escalation lease in place. Property has 3 phase electricity, multiple loading docks, and office area. Property is in a secluded location within close proximity to the Brazos River with easy access via Interstate 20. 3 YEAR LEASE IN PLACE WITH 4% ESCALATION PER YEAR UNITL NOVEMBER 2027. CURRENT LEASE RATE IS 16,172 PER MONTH.

Location

State TX

County Parker

Zoning Unzoned

Direction Exit 394 off Interstate 20. Left over Brandon Bridge Lane. Right on Meeks. Property at Dead End on Right.

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Heat Source Central

Exterior

Utilities Available Private Sewer, Private Water

Roof Type Metal

Garage No

Building

Foundation Slab

Structure Type Metal Siding

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20842691


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Krayton Kirkpatrick • Kirkpatrick Realty

Nearby Locations

Matthew Tanel

Matthew Tanel

Agent License ID: 0711765

+1(972) 804-3967

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398 Meeks Bend