Single Tenant Commercial Real Estate Investment
Not Disclosed, TX Montgomery County
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- RE: Single Tenant Commercial Real Estate Investment
- Contact: Bobbi Coffey
Quick Facts
| Asking Price: | $3,125,000 | |
| Annual Revenue: | $187,800 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $187,800 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $3,125,000 | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 980602 | |
| Broker Reference #: | 76931-347378 |
Business Overview:
This is a commercial real estate investment opportunity offered at a 6.0% cap rate. Current tenant just renewed for an additional 10 years, NNN, with 3 year escalations. Lease expires April, 2034.
Located in The Woodlands / Spring area, in Montgomery County, south Texas, this +- 1.5 acre property has a purpose built 7,930 SF commercial school, with 9,240 gross building area.
Current real property owners also ran the educational business from 2014-2019, when they sold it to a third party, and leased the building to them. After the five year initial lease, they recently extended for an additional 10 years. This is an excellent opportunity for a commercial real estate investor to acquire real estate with an existing successfully operating tenant.
Excellent location in a growing area in south Texas. Contact broker for showing.
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Property Features and Assets:
Monthly Rent: $15,650.00
Square Units (Foot, Meter): 7,930
Facilities: purpose built educational facility
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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