Description
Fantastic investment opportunity to own a piece of downtown Weatherford, Texas. One building compromising approximately 3640 sqft with its front doors facing thousands of vehicles per day on N Main St. The building underwent a complete remodel in 2024. Additionally, a fire suppression system is being installed as of Fall 2024. A 5 year Absolute NNN lease was signed in June of 2024 with annual 2% inflation bumps added. This is a good opportunity to diversify your investment portfolio. Tenant is a long term committed, family owned business.A 5-year Absolute NNN (Triple Net) lease was signed in June 2024. This type of lease structure often means lower management responsibilities for the landlord, as the tenant is responsible for taxes, insurance, and maintenance costs in addition to rent.The lease includes annual 2% inflation bumps, which helps protect against the eroding effects of inflation, thereby potentially increasing your income over time.
-
0BEDS
-
0.04ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Fantastic investment opportunity to own a piece of downtown Weatherford, Texas. One building compromising approximately 3640 sqft with its front doors facing thousands of vehicles per day on N Main St. The building underwent a complete remodel in 2024. Additionally, a fire suppression system is being installed as of Fall 2024. A 5 year Absolute NNN lease was signed in June of 2024 with annual 2% inflation bumps added. This is a good opportunity to diversify your investment portfolio. Tenant is a long term committed, family owned business.A 5-year Absolute NNN (Triple Net) lease was signed in June 2024. This type of lease structure often means lower management responsibilities for the landlord, as the tenant is responsible for taxes, insurance, and maintenance costs in addition to rent.The lease includes annual 2% inflation bumps, which helps protect against the eroding effects of inflation, thereby potentially increasing your income over time.
© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clayton & Clayton Real Estate LLC.. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Clayton & Clayton Real Estate LLC. are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-15T23:41:36.953.
Listing information © 2024 North Texas Real Estate Information System.