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1 Acres in Pleasanton, TX - $950,000

Located outside the city limits, the property has easy access to IH 37 and all major roads in the area. This commercial building is 100% occupied and generates $10,000/month in net income to owner with 9+ years remaining on a 10 year triple net lease. The tenant is a light duty internet service provider who's services provide fixed and mobile broadband solutions with their 4G LTE network in the Permian Basin and Eagle Ford regions of Texas. The building is commercially customized with approximately 1500 sq ft of high-end finish out office space and approximately 4500 sq. ft. of warehouse space, with 14 ft. overhead doors for ease of access with large vehicles. The yard is completely fenced with an electric gate entrance and intercom to front desk for entry access.

At a 13% Cap rate and long term lease this is truly a rare investment opportunity in one of the hottest and fastest growing...

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Directions

Exit IH 37 South from SA. turn right (West) 1.25 miles, left on Corgy Rd. Building is approx 2,000 ft on the left.

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Contact Seller
Ruple Ranch & Land

San Antonio, TX

(830) 274-8898

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Ruple Ranch & Land, (830) 274-8898
Listing last updated: February 3, 2022 at 12:25 PM
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