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$ 3,200,000
Est. payment /mo
Active
1414 S Fm 51 Decatur, TX 76234
2.47 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Isham Add
MLS Listing ID 20869119
Total Fin. Sqft 15576
Year Built 1986
Annual Tax Amount $29,578
Lot Size 2.473 Acres
Acres 2.473
Property Sub-Type Retail
Property Description
PLUG AND PLAY COMMERCIAL INVESTMENT OPPORTUNITY - Introducing a rare and lucrative Plug and Play Commercial Investment, offering an ideal opportunity to begin earning cash flow immediately after closing. This property is ready for immediate income generation, making it a perfect investment for those seeking long-term stability and strong returns.
This 15,576-square-foot building sits on 2.47 acres of prime commercial land and has been completely renovated, featuring new flooring throughout, multiple private offices, a large community workspace with cubicles, 2 full-capacity bathrooms, and a spacious full kitchen & breakroom. In addition, there is warehouse space with a roll-up door, providing convenient storage and shipping capabilities.
The property is 100% leased to a reputable nationwide company. With a stable, long-term tenant like this in place, this investment ensures a reliable income stream. The tenant is under a Triple Net (NNN) lease with a 5-year renewal option, ensuring steady, predictable cash flow for years to come. Under these leases, the tenant is responsible for the property's operating expenses, including taxes, insurance, and maintenance, making this a low-maintenance investment for the owner.
The property boasts a prime location with excellent visibility and easy access to major roads and highways. It benefits from over 20,000 vehicles passing by daily, offering exceptional exposure and accessibility. Additionally, there is ample parking available for both tenants and visitors, making it convenient for clients and employees alike. The property is also located in a growing commercial area, just minutes from Decatur's vibrant downtown district. This property represents an exceptional investment in Decatur, a growing community with strong economic potential and a solid commercial base. Whether you are looking to diversify your portfolio or seeking a reliable income-producing asset, 1414 S FM 51 offers the perfect opportunity.
This 15,576-square-foot building sits on 2.47 acres of prime commercial land and has been completely renovated, featuring new flooring throughout, multiple private offices, a large community workspace with cubicles, 2 full-capacity bathrooms, and a spacious full kitchen & breakroom. In addition, there is warehouse space with a roll-up door, providing convenient storage and shipping capabilities.
The property is 100% leased to a reputable nationwide company. With a stable, long-term tenant like this in place, this investment ensures a reliable income stream. The tenant is under a Triple Net (NNN) lease with a 5-year renewal option, ensuring steady, predictable cash flow for years to come. Under these leases, the tenant is responsible for the property's operating expenses, including taxes, insurance, and maintenance, making this a low-maintenance investment for the owner.
The property boasts a prime location with excellent visibility and easy access to major roads and highways. It benefits from over 20,000 vehicles passing by daily, offering exceptional exposure and accessibility. Additionally, there is ample parking available for both tenants and visitors, making it convenient for clients and employees alike. The property is also located in a growing commercial area, just minutes from Decatur's vibrant downtown district. This property represents an exceptional investment in Decatur, a growing community with strong economic potential and a solid commercial base. Whether you are looking to diversify your portfolio or seeking a reliable income-producing asset, 1414 S FM 51 offers the perfect opportunity.
Location
State TX
County Wise
Zoning Commercial
Direction GPS Friendly
Interior
Heating Central
Cooling Central Air
Flooring Luxury Vinyl Plank
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Metal Siding
Others
Ownership See Tax Records
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20869119
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Listed by Cason Caraway • Post Oak Realty- West