375 Ih 45, Fairfield, Texas

$1,400,000

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Property Details

MLS ID: 20771071

Status: Active

Price: $1,400,000

Acres: 4±

Type: Industrial, Commercial

Address: 375 Ih 45

City, State: Fairfield, TX

County: Freestone County

ZIP Code: 75840

Lat/Long: 31.75095, -96.20110

Parcel Number: 54080

SqFt: 14,800

Year Built: 2005

Description

This 14800 s.f. industrial facility on 4 acres is positioned in a prime corridor between the Dallas Fort Worth and Houston metro areas, providing significant IH45 highway exposure with approximately 360' of frontage. The current owner will transition into a long term tenant with a signed 5 year lease that includes up front rent payment for the first six months and regular payments starting at lease commencement. This property offers a solid 9.54% cap rate, making it an excellent investment opportunity with immediate cash flow.

Directions: Property located 2.8 miles north of Love's Truck Stop at corner IH45 and Commerce St (FM 27). Property is located on left.

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Whitley Fisher

Capitol Ranch Real Estate, LLC

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Whitley Fisher

Capitol Ranch Real Estate, LLC

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of December 3, 2024 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: December 3, 2024 at 12:00:00 PM UTC

Listed By: Curtis Evans of Keller Williams Fort Worth