1414 S FM 51 - Warehouse FOR SALE


Decatur, TX 76234
$3,200,000 USD
940-399-5990
1414 S FM 51, Decatur, TX for Sale
$3,200,000 USD
Warehouse - FOR SALE
1/41
null | Request Cap Rate

1414 S FM 51
Decatur, TX 76234


OVERVIEW

PLUG AND PLAY COMMERCIAL INVESTMENT OPPORTUNITY - Introducing a rare and lucrative Plug and Play Commercial Investment, offering an ideal opportunity to begin earning cash flow immediately after closing. This property is ready for immediate income generation, making it a perfect investment for those seeking long-term stability and strong returns. This 15,576-square-foot building sits on 2.47 acres of prime commercial land and has been completely renovated, featuring new flooring throughout, multiple private offices, a large community workspace with cubicles, 2 full-capacity bathrooms, and a spacious full kitchen & break room. In addition, there is warehouse space with a roll-up door, providing convenient storage and shipping capabilities. The property is 100% leased to a reputable nationwide company. With a stable, long-term tenant like this in place, this investment ensures a reliable income stream. The tenant is under a Triple Net (NNN) lease with a 5-year renewal option, ensuring steady, predictable cash flow for years to come. Under these leases, the tenant is responsible for the property's operating expenses, including taxes, insurance, and maintenance, making this a low-maintenance investment for the owner. The property boasts a prime location with excellent visibility and easy access to major roads and highways. It benefits from over 20,000 vehicles passing by daily, offering exceptional exposure and accessibility. Additionally, there is ample parking available for both tenants and visitors, making it convenient for clients and employees alike. The property is also located in a growing commercial area, just minutes from Decatur's vibrant downtown district. This property represents an exceptional investment in Decatur, a growing community with strong economic potential and a solid commercial base. Whether you are looking to diversify your portfolio or seeking a reliable income-producing asset, 1414 S FM 51 offers the perfect opportunity.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

110

LAND DETAILS

LAND ACRES

2.17

LAND SF

94,395

ZONING

C-2

APN/PARCEL ID

D1175010100

ASK ABOUT THIS PROPERTY

Cason CarawayCaraway Team | Post Oak RealtyMore Info
940-399-5990

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Cason CarawayCaraway Team | Post Oak RealtyMore Info
940-399-5990

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.