List Price:
$274,900
MLS Number:
50060491
Apx Total SqFt:
2230
Buildings:
1
Ceiling Height:
Less than 20 ft
Cooling:
Electric
Heating:
Central, Electric
Full Baths:
Parking:
Other-See Remarks
Property Type:
Retail
Public Remarks:
Superb passive income opportunity. Fully-leased commercial strip center with big upside. Growth projections for Stanton are huge, and the upside to this property is uplifting. Small enough to self manage. Running over a 9% capitalization rate. Hard to find that high of a cap. rate anywhere in real estate. Remodeled, updated 3-unit strip center on high traffic highway- TXDOT traffic count- over 4, 500/day. Excellent condition. Each unit has it's own electric meter, hvac system, and restroom.
Road Frontage:
City Street, Other
Street Number:
407
Street Name:
Lamesa Hwy
Office Name:
The Real Estate Company (#:509)
Agent Name:
Brandon McMorries (#:1538)
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