4800 Joe Ramsey BLVD E Greenville, TX 75401
5,120 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,120 sqft
Price per Sqft $146
Subdivision Anytime Fitness Add
MLS Listing ID 21356962
Construction Status Resale
HOA Y/N No
Year Built 2014
Annual Tax Amount $14,830
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 224x198
Property Sub-Type Retail
Property Description
Income-producing commercial investment opportunity with an established tenant in place. This 5,120 SF property offers approximately 225 feet of frontage along Highway 69, 40 parking spaces, sprinklered and landscaped grounds in a high-traffic, highly visible location directly across from Hunt Regional Medical Center.
The current tenant is a multi-unit franchisee operating under the largest gym franchise in the world. The tenant began a new 5-year lease term on November 25, 2025, providing approximately 4 years and 4 months of remaining lease term, with an additional 5-year option featuring a 10% rent increase.
At the current listing price, the property offers an approximate 6.04% cap rate. Highway 69 frontage, proximity to Hunt Regional Medical Center, ample parking, and an established national-brand franchise location combine to create a compelling opportunity for an investor seeking an income-producing commercial asset with long-term lease potential. Contact listing agent for lease details, financial information, and additional property documentation.
Location
State TX
County Hunt
Community Curbs, Sidewalks
Zoning Commercial
Direction From Interstate 30 coming from Dallas, Exit Wesley Street. Turn Left on to Wesley. Continue until you meet Hwy 69, and turn left. The building will be on your right after the next light.
Interior
Heating Electric
Cooling Electric
Flooring Concrete
Inclusions Building Only, Land & Improvements
Fireplace No
Exterior
Parking Features Additional Parking, Assigned, Common, Concrete, Direct Access, Parking Lot, Private
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Natural Gas Available, Overhead Utilities, Sewer Available, Separate Meters, Water Available
Water Access Desc Public
Roof Type Metal
Street Surface Asphalt
Accessibility ADA Compliant, Accessible Full Bath, Accessible Approach with Ramp, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Road Frontage State Road
Private Pool No
Building
Lot Description Cleared, Landscaped, Sprinkler System, Few Trees
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Construction Status Resale
Others
Tax ID 217670
Security Features Prewired,Security System,Key Card Entry,Security Lights
Acceptable Financing Cash, Conventional, 1031 Exchange, Other
Listing Terms Cash, Conventional, 1031 Exchange, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21356962