121 Gilmer Rd |
|
| Price: | $395,000 |
| Property Type: | commercial_industrial |
| MLS #: | 20241018 |
| Prime Investment Opportunity: Building with an Established Medical Professional tenant. Don't miss this exceptional opportunity to own a high-quality commercial property with a reliable tenant in high traffic location. This well-maintained building is currently leased to a reputable medical professional, ensuring a stable income stream. Rent for 2024 is $2,800 / month. Rent for 2025 and 2026 is $3,500 / month. Insurance is currently $2,850 / yr and taxes are $5,974.48 giving this a Cap Rate of 5.9% for 2024 and 7.9% for 2025 and 2026. | |
| Area: | Pine Tree Isd |
| Bedrooms: | None |
| Bathrooms: | None |
Courtesy: • SUMMERS COOK & COMPANY • 903-757-8686 
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This content last refreshed on 11/21/2024 04:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
