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33823520
33823517

204 Farm to Market 696, Elgin, TX 78621

JL
TX TX 0657845
KW Commercial Austin SW
Listed by KW Commercial Austin SW
$1,150,000
10 days on market
Updated 10 days ago

STAND ALONE INDUSTRIAL WITH YARD - Investment

Details
Property Type Industrial
Sub Type Warehouse, Flex (+1)
Square Footage 5,750
Net Rentable (SqFt) 5,750
Cap Rate 6.25%
NOI $71,875
Occupancy 100%
Tenancy Single
Brand/Tenant Frontier Waste
Lease Type NNN
Lease Term 3.7
Lease Expiration 06/30/2028
Remaining Term 2
Rent Bumps Yes
Year Built 2010
Year Renovated 2024
Buildings 1
Acreage 1.440
Zoning ETJ
Investment Type Net Lease
Lease Commencement 10/01/2024
Ground Lease No
Ceiling Height 18
Loading Docks 3

Industrial Investment

Marketing description

Very Unique and highly sought after Industrial Investment FULLY CLIMATE CONTROLLED SPACE, Affordable and Stand Alone Industrial/Flex Space on over an acre of land. The space has secure gate access, 100% climate controlled and insulated space with private bathrooms and office spaces. Boasting 14-18' clear heights on the inside with three (3) grade level doors (12'-14' high).

3 phase power is available for adequate operator. We have this unique opportunity for sale or lease. Reach out and we can discuss the details. Space is leased through June 2028 with a quality tenant.

Investment highlights

  • FULLY CLIMATE CONTROLLED SPACE
  • Secure gate access
  • 100% climate controlled and insulated space with private bathrooms and office spaces
  • Boasting 14-18' clear heights on the inside with three (3) grade level doors (12'-14' high)
  • 3 phase power is available for adequate operator
  • Stand Alone with Yard
  • Space is leased through June 2028 with a quality tenant

Listing Contacts

JL
TX TX 0657845
KW Commercial Austin SW
Listed by KW Commercial Austin SW

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,875.00
$5,989.58/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Joaquin Lopez
License
TX 0657845
Brokerage Phone
5123682229
Brokerage Address
1801 South MoPac Expressway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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