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611 S Clay St 5,250 SF Office Building Ennis, TX 75119 $1,385,000 ($263.81/SF) 7.01% Cap Rate
Investment Highlights
- New 7-year lease with 3% annual increases
- Building recently renovated for Tenant’s use
- Stand alone building on 1.13 acres
- New Roof and new HVAC units (2025)
- National Tenant with over $30 million in annual revenue
- Adjacent to 4 medical buildings
Executive Summary
MEDICAL NNN INVESTMENT OPPORTUNITY in Ennis, TX. Tenant has over 19 locations nationwide with over $30 million in revenue. New 7-year lease starting 1/1/2026 with 3% annual increases. New roof and HVAC units.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,250 SF
Building Class
B
Year Built/Renovated
1981/2025
Price
$1,385,000
Price Per SF
$263.81
Cap Rate
7.01%
NOI
$97,125
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,532 SF
Building FAR
0.11
Lot Size
1.14 AC
Zoning
Commercial - Commercial
Parking
20 Spaces (4.41 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 182568 | Improvements Assessment | $449,290 |
| Land Assessment | $319,056 | Total Assessment | $768,346 |
Property Taxes
Parcel Number
182568
Land Assessment
$319,056
Improvements Assessment
$449,290
Total Assessment
$768,346
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Contact the Sale Advisor
611 S Clay St