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2420 Bob White Dr
Granbury, TX 76049
Land For Sale
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2.00 AC
Investment Highlights
- Property is value add. Additional space can be built and rented out.
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $1,995,000 | Lot Size | 2.00 AC |
| Price Per AC | $997,500.50 |
| Price | $1,995,000 |
| Price Per AC | $997,500.50 |
| Lot Size | 2.00 AC |
Level 2.0-acre improved commercial lot with asphalt paving, ample parking, excellent accessibility, and approximately 13,000 SF of existing improvements in a high-demand commercial corridor.
Description
2420 Bob White Drive presents an exceptional opportunity to acquire a fully stabilized, income-producing commercial investment in one of Granbury's growing business corridors. The property consists of approximately 14,600 square feet of commercial improvements situated on 2.0 acres and is 100% leased through 2034 to two established fitness tenants, providing immediate, predictable cash flow with scheduled rental escalations. Anchored by Powerhouse Gym and Fit Body Boot Camp, the property benefits from long-term tenancy, minimal management requirements, ample on-site parking, and an additional storage building that offers supplemental income potential. Its strategic location provides convenient access to US Highway 377, placing the property within close proximity to major retailers, healthcare facilities, restaurants, residential communities, and Granbury's primary commercial corridor. As Granbury and Hood County continue to experience sustained residential and economic growth, this asset is well-positioned to benefit from increasing commercial demand and long-term appreciation. Combining stable in-place income, quality tenants, and a prime location, 2420 Bob White Drive represents an outstanding acquisition opportunity for investors seeking dependable returns and lasting portfolio value.
