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2814 Terrell RD Greenville, TX 75402
2,737 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,737 sqft
Price per Sqft $218
Subdivision Greenville
MLS Listing ID 21343766
HOA Y/N No
Year Built 1985
Lot Size 0.437 Acres
Acres 0.437
Property Sub-Type Office
Property Description
State Farm sale-leaseback investment opportunity featuring a ±2,737 SF freestanding commercial building on ±0.437 acres at 2814 Terrell Road, Greenville, Texas. The property is commercially zoned, offers on-site parking, and is located on a high-visibility commercial corridor. Seller will execute a new five-year NN lease at closing with 2% annual rent escalations and two 5-year renewal options, providing stable income with a 6.85% going-in cap rate and long-term investment potential.
Location
State TX
County Hunt
Zoning Commercial
Direction Please use GPS
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete, Ceramic Tile, Vinyl
Inclusions Building Only
Fireplace No
Exterior
Parking Features Asphalt
Utilities Available Natural Gas Available, None, Sewer Available, Separate Meters, Water Available
Water Access Desc Public
Roof Type Metal
Private Pool No
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Others
Tax ID 45031