402 E Commerce St | Fairfield, TX 75840
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- LoopNet Team
402 E Commerce St
Fairfield, TX 75840
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment Grade Credit Tenants - Dollar Tree and Family Dollar are both BBB- Credit, providing an investor safety and surety of cash flow
- Recent Cap Ex Improvements - The roof was fully replaced in 2018 and is under warranty though 2030
- Value-Add Upside – There is currently 20% of the GLA vacant, allowing an investor the opportunity to increase cash flow and cash on cash returns.
- Attractive PSF - The asking price represents a price per square foot of $79 and is offered well below the cost of replacement
PROPERTY FACTS
Property Type
Retail
Building Size
25,000 SF
Building Class
B
Year Built/Renovated
1971/2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
1.57 AC
Zoning
N/A - None
Parking
81 Spaces (3.24 Spaces per 1,000 SF Leased)
Frontage
148’ on E Commerce St
PROPERTY TAXES
| Parcel Number | 3643 | Improvements Assessment | $1,417,010 |
| Land Assessment | $163,280 | Total Assessment | $1,580,290 |
PROPERTY TAXES
Parcel Number
3643
Land Assessment
$163,280
Improvements Assessment
$1,417,010
Total Assessment
$1,580,290
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