Manley Real Estate Brokerage
3909 Camp Bowie Blvd
Fort Worth, TX 76107
$799,000
( )
$4,289 est/mo Sourced by Back At You209 N Main Street , Weatherford, TX 76086
Weatherford, TX 76086
Description
Fantastic investment opportunity to own a piece of downtown Weatherford, Texas. One building compromising approximately 3640 sqft with its front doors facing thousands of vehicles per day on N Main St. The building underwent a complete remodel in 2024. Additionally, a fire suppression system is being installed as of Fall 2024. A 5 year Absolute NNN lease was signed in June of 2024 with annual 2% inflation bumps added. This is a good opportunity to diversify your investment portfolio. Tenant is a long term committed, family owned business. A 5-year Absolute NNN (Triple Net) lease was signed in June 2024. This type of lease structure often means lower management responsibilities for the landlord, as the tenant is responsible for taxes, insurance, and maintenance costs in addition to rent. The lease includes annual 2% inflation bumps, which helps protect against the eroding effects of inflation, thereby potentially increasing your income over time.
Details
| MLS# | 20739666 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1901 |
| Days On Site | 15 |
| Listing Provided By | Trinity Country Real Estate | Matt Milligan |
Features
| SQ Feet | 3,640 |
|---|---|
| Story(s) | 2 |
| Units | 1 |
| Zoning | CBD |
| Acreage | 0.04 |
Market Activity 76086
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Learn More About This Property
| State | TX |
|---|---|
| County | Parker |
| City | Weatherford |
| Zip Code | 76086 |
| Area | Parker |
| Community Name | Weatherford Original Town |
| Listing VS Median (in Weatherford Original Town) | |
Price: $799,000 low | high Med: $532,500 SqFt: 3,640 low | high Med: 3,299 $ / SqFt: $220 low | high Med: $154 On Site: 15 low | high Med: 121.000000 | |
Listing Updated: September 26, 2024 at 10:34:04 PM PDT
