1421 Fm 1189

    Brock, TX 76087
    • $1,050,000
    • STATUS: Active
    • ON SITE: 213 days
    • MLS #: 13696679
    UPDATED: 11 min ago
    $1,050,000
    • 0
      BEDS
    • 2.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:

    School Ratings & Info

    Offered by Ronald Hughes of Railhead Realty, Llc.

    Description

    INCOME PRODUCING COMMERCIAL BUILDING A unique opportunity for investors to acquire a commercial strip center known as The Brock Place which owner relates is currently 100% occupied. The strip center has frontage on FM 1189. Per tax rolls, property is 2.50 acres and consists of 8,372 sq. ft. of office space; however, owner reports 8,095 sq. ft. leasable. Tax rolls show 35,638 sq. ft. of asphalt parking (per tax); and 1,820 sq. ft. of porch area. Current lease rates are averaging around $13.28 per sq. ft. per year.

    Monthly Payment Calculator



    © 2018 North Texas Real Estate Information Systems. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. 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. Data last updated 2018-04-22T17:40:39.23.
    www.teamhodnett.com/homes/76924311

    1421 Fm 1189 Brock, TX 76087

    • Price: $1,050,000
    • Status: Active
    • Updated: 11 min ago
    • MLS #: 13696679
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.5
    Acres
    2005
    Built
    Neighborhood:
    Brock Place
    County:
    Parker
    Area:
    Parker County
    Property Description
    INCOME PRODUCING COMMERCIAL BUILDING A unique opportunity for investors to acquire a commercial strip center known as The Brock Place which owner relates is currently 100% occupied. The strip center has frontage on FM 1189. Per tax rolls, property is 2.50 acres and consists of 8,372 sq. ft. of office space; however, owner reports 8,095 sq. ft. leasable. Tax rolls show 35,638 sq. ft. of asphalt parking (per tax); and 1,820 sq. ft. of porch area. Current lease rates are averaging around $13.28 per sq. ft. per year.
    Exterior Features

    Construction Materials Walls Plaster Foundation Slab Parking Or Garage Open Road Frontage Type Asphalt Roof Metal Topography Level

    Interior Features

    Ceiling Height 8 To10 Feet Commercial Features Multi-UserSecurity LightingTelephone Flooring Concrete Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 8372 Sq Ft Gross 8372 Sq Ft Leasable 8372

    Property Features

    Average Monthly Lease 920 Building Area Source Tax Building Use MedicalOfficeRestaurantRetail Business Name The Brock Place Commercial Zoning Comm Construction Status New Construction - Complete Gross Annual Expenses 0 Gross Annual Income 0 Inclusions Land & Improvements Leasable Spaces 6 Lease Terms 2 Yrs Leased Spaces 6 Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 0 Occupancy Rate 100 Possession Closing/Funding Property Type Com-Sale Tenant Pays ElectricRenters InsuranceSewerWater Total Annual Expenses Include Common AreaElectricInsuranceMaintenance Unexempt Taxes 16472 Utilities Co-Op Water Will Subdivide No

    Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. Data last updated 2018-04-22T17:40:39.23.


    © 2018 North Texas Real Estate Information Systems. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. 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. Data last updated 2018-04-22T17:40:39.23.
     
    Team Hodnett | Keller Williams Realty
    2106 E State Highway 114, Suite 101
    Southlake TX, 76092
    Offered by Ronald Hughes of Railhead Realty, Llc.