UPDATED:
09/30/2024 03:32 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Weatherford Original Town
MLS Listing ID 20739725
Total Fin. Sqft 11760
Year Built 1946
Annual Tax Amount $8,732
Lot Size 0.642 Acres
Acres 0.642
Property Description
Seize the chance to own a prime piece of downtown Weatherford,
ideally situated just outside the North-West quadrant. This offering includes
two well-maintained buildings totaling approximately 11,760 square feet,
with ample parking available for tenants and customers.
The main building was completely remodeled between
2022 and 2023, reflecting modern standards and aesthetic appeal.
Adding to its value, a 8-year Absolute NNN lease was signed in
September 2022 also featuring annual 2% inflation adjustments,
ensuring stable and growing returns.
This property is an outstanding addition to any diversified
investment portfolio, leased to a highly committed, successful
family-owned business that has been thriving for generations. With a
reliable long-term tenant, this opportunity offers both security and profitability.
Location
State TX
County Parker
Zoning CBD
Direction From Ft Worth take interstate 30 W and interstate 20 W to Santa Fe Dr in Weatherford. Continue from Santa Fe Drive to E Spring St and turn Right onto York Ave. Property is on the left.
Interior
Heating Central
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile, Concrete, Other
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Curbs, Electricity Connected, Overhead Utilities, Sidewalk
Roof Type Flat,Metal,Other
Parking Type Asphalt, Gravel, On Street, Open, Other, Outside, Oversized, Parking Lot, Private
Garage No
Building
Foundation Slab
Structure Type Concrete,Stucco
Others
Ownership JDM TEXAS INVESTMENTS I LLC
Acceptable Financing Cash, Contact Agent, Conventional
Listing Terms Cash, Contact Agent, Conventional
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