Description
This stabilized income property is a fenced and secured 2-building complex totaling 15,450 SF of office/warehouse on 2.96 acres and is under long term lease with Stallion Metal Steel Buildings. The current lease expiration date is 10/31/27 and the tenant has (1) renewal option to extend for an additional 5 years at higher rent through late 2032. Property improvements made in late 2022: Office light ballasts/HVAC/restroom fixtures replaced, new hot water heater and LED lights and upgraded electrical in warehouse, parking lot and service lanes restriped, fence lines trimmed and rear yard regraded.
-
0BEDS
-
2.96ACRES
-
0BATHS
-
01/2 BATHS
-
15,450SQFT
-
$45$/SQFT
School Information
Description
This stabilized income property is a fenced and secured 2-building complex totaling 15,450 SF of office/warehouse on 2.96 acres and is under long term lease with Stallion Metal Steel Buildings. The current lease expiration date is 10/31/27 and the tenant has (1) renewal option to extend for an additional 5 years at higher rent through late 2032. Property improvements made in late 2022: Office light ballasts/HVAC/restroom fixtures replaced, new hot water heater and LED lights and upgraded electrical in warehouse, parking lot and service lanes restriped, fence lines trimmed and rear yard regraded.
© 2024 Nacogdoches County Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Loblolly Properties, LLC. Data last updated: 2024-09-12T07:45:18.337.