324 Yapaco St | Gilmer, TX 75644
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- LoopNet Team
324 Yapaco St
Gilmer, TX 75644
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Significant CAPEX Investment - Including New Roof, Parking Lot and Sidewalks, New Floors, & Repainted Exterior
- Tenant Since 2001 and has renewed multiple times.
- Easy Access to Property with Community Familiar with Location
- Annual CPI Escalations up to 50% of CPI. Increase coming July 1, 2024, estimated to be 1.5% to 3% of the current rent providing upside for the Buyer
- Investment Grade Tenant
- Office Market Comeback
PROPERTY FACTS
Property Type
Office
Building Size
10,519 SF
Building Class
B
Year Built
1981
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,847 SF
Building FAR
0.18
Lot Size
1.36 AC
Parking
59 Spaces (5.61 Spaces per 1,000 SF Leased)
AMENITIES
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 43180 | Improvements Assessment | $429,520 |
| Land Assessment | $65,950 | Total Assessment | $495,470 |
PROPERTY TAXES
Parcel Number
43180
Land Assessment
$65,950
Improvements Assessment
$429,520
Total Assessment
$495,470
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