Warehouse Complex features an approx. 1 acre lot designed to accommodate three identical size warehouse flex space buildings. Property currently has 2 / 3 finished buildings. Each building is approx. 5,000 sq feet and can be divided into two separate units. Each building has its own ultra efficient mini split heat and A/C system, LED lighting, rainwater collection and bathrooms. The property currently has two tenants. Tenants are in building 1a and building 2a/b with 5-year triple net leases. Current lease rate of $1.20 per sq foot. Buyer has option to build third building or leave as is. Two buildings fully leased generates approx. $134k annually. Total including the additional third building would generate approx. $202k annually
- Asking Price:
- $1,500,000
- Sales Revenue:
- Not applicable
- Cash Flow:
- $122,000
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
The Warehouse Complex fronts to Hwy 1431 in a quickly growing area just a couple miles outside of downtown Marble Falls TX.
- Size in square feet:
- Existing two buildings combined are an approx. 9.6k sq feet.
Business Operation
- Expansion Potential:
-
The Warehouse Complex lot has designs for potential matching third building.
- Employees:
- 0
- Years established:
- 2
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
4% rate with down payment of 75%.
- Home based:
- This business can be run from home
