$395,000

1514 Crossland Rd

Granbury TX, 76048

Description

100% LEASED!!! 5000 sf commercial building with 6 tenants. All leases are full service rates. NOI = $27,250 Now stabilized, this office building will generate approximately $49,250 in gross rental income. With budgeted OPEX of $22,000, a NOI of $27,250 is generated. 6.9% Cap Rate with huge upside.

Details

MLS#14129132
Sub-TypeResale
StatusActive
Year2006
Days On Site109

Features

SQ Feet5,000
Story(s)1
Units7
ZoningLC

Market Activity 76048

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Area Information

StateTX
CountyHood
CityGranbury
Zip Code76048
AreaHOOD COUNTY (73)
Listing VS Median (in 76048)
Price:
$395,000
low | high
Med:
$185,000
100% of Average
SqFt:
5,000
low | high
Med:
1,517
100% of Average
$ / SqFt:
$79
low | high
Med:
$123
5.126032211062% of Average
On Site:
109
low | high
Med:
85
100% of Average
Listing Updated: 10/17/2019
MLS Number: 14129132
Listing Provided By:
John McMackin  of  Clark Real Estate Group

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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