53,756 SF Frmr Furniture Store Plus 1,150 SF Bldg
Asking price of $2,150,000 is below appraised value of $2,340,000!
This investment offering consists of two retail buildings both fronting on West Bert Kouns Industrial Loop Expressway.
The first is 2934 W Bert Kouns Industrial Loop, a 1,150 square foot free standing building situated on 0.46 acres. This building has the exclusive use for the 0.46 acre tract of land which is gated and fenced and has 100' fronting on Bert Kouns. This building is for lease for $2,000 per month NNN with net charges of $490 per month.
2940 - 2942 W Bert Kouns Industrial Loop is a 53,756 square foot building situated on 3.55 acres. This building was originally built for a furniture store. Asking rent is $5.00 per square foot per year NNN with Net charges of $0.80 per square foot per year.
All leases are net of tenant's pro rata share of property taxes and insurance. Owner's insurance and management fees are currently $0.55/square foot per year and are the only landlord expenses.
Located west of Mansfield Road on Bert Kouns Industrial Loop
