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23374902
23374922

400 N 4th Street, Wills Point, TX 75169

NT
TX TX 0662076
Century 21 Judge Fite Company Rockwall
Listed by Century 21 Judge Fite Company Rockwall
$1,999,999
386 days on market
Updated 30 days ago
Opportunity zone

400 N 4th Street

Details
Property Type Office, Special Purpose
Sub Type Other
Square Footage 12,872
Net Rentable (SqFt) 9,560
NOI $117,000
Broker Co-Op Yes
Stories 2
Lot Size (SqFt) 0.333
Zoning B-3

Office | 12,872 SqFt

Marketing description

GPS: 400 N 4th StWills Point, TX 75169 Prime Commercial Investment Opportunity in the Heart of Downtown Wills Point, TX!Strategically positioned at 400 N 4th St, this commercial office building offers a stable investment with a multi-year tenant lease in place and multiple extension options, ensuring consistent income flow. Nestled in the heart of Wills Point, a thriving community in Van Zandt County, this property benefits from excellent connectivity via U.S. Highway 80, State Highway 64, and proximity to Interstate 20, making it a highly accessible commercial hub.The office building features a well-designed layout with multiple office spaces, conference rooms, bathrooms, and a dedicated break room, providing functional workspaces for various business needs. Additionally, the second floor remains unfinished, presenting a lucrative opportunity to expand the rentable square footage another 3,060sq and further increase rental income potential.Wills Point's charming downtown atmosphere is enhanced by its close proximity to popular restaurants, shopping, and local businesses, attracting consistent foot traffic and fostering a vibrant business environment.Capitalize on this exceptional investment property with substantial income potential and a strategic location in a growing commercial corridor. Contact us today to explore this prime asset and its endless possibilities!
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Listing Contacts

NT
TX TX 0662076
Century 21 Judge Fite Company Rockwall
Listed by Century 21 Judge Fite Company Rockwall

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$117,000.00
$9,750.00/mo

Valuation Metrics

0
DSCR
5.85%
Cap Rate
5.85%
ROI

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Additional Information

Name
Nicholas Termini
License
TX 0662076
Brokerage
Century21 Judge Fite
Brokerage Phone
9722702100
Title
Realtor
Brokerage Address
2095 Summer Lee Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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