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37252 US Highway 69 N 5,742 SF Retail Building Jacksonville, TX 75766 $614,000 ($106.93/SF) 7.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Special purpose - Vet Clinic
- Lease type: NNN - 100% leased - National Credit Tenant
- Located in an Opportunity Zone
- Approximately 500' frontage on Hwy 69
- Lease term 5 years - commenced July 2024
EXECUTIVE SUMMARY
Property sits on the east side of US Hwy 69 in Jacksonville, TX. Two curb-cuts onto Hwy 69 with north entrance accessible to southbound trac by turn lane. Located approximately 0.32 miles to the south of the Loop 456 and Hwy 69 intersection. Jacksonville is 30 miles south of Tyler, and 100 miles southeast of Dallas.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
5,742 SF
Building Class
C
Year Built
2002
Price
$614,000
Price Per SF
$106.93
Cap Rate
7.65%
NOI
$46,980
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.15 AC
Opportunity Zone
Yes
Parking
7 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
228’ on U.S. 69
PROPERTY TAXES
| Parcel Number | 000985820858 | Improvements Assessment | $491,910 |
| Land Assessment | $109,910 | Total Assessment | $601,820 |
PROPERTY TAXES
Parcel Number
000985820858
Land Assessment
$109,910
Improvements Assessment
$491,910
Total Assessment
$601,820
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37252 US Highway 69 N
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