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I am working with a property owner in Waxahachie who has a commercial space they are looking to sell. Let me know if your group has any interest, or if you know of anyone who might be interested.It is part of the complex of Baylor Medical Center just off of 35. Approx 5500 sq. ft, two spaces, both triple net leased to tenants who have been in place for a long time. Both want to sign new long term leases with new owner. Property was built in the 1970's, but was redone from the studs in 2007.The numbers break down like this:360,000 cash down500,000 assumable loan in place (5%, 10 years left)-------------860,000 purchase priceTenants are under a triple net lease, and annual NET income is averaging over 90,000 per year.If you or anyone you know has any interest in discussing further, just let me know!Have a great weekend everyone!
Dan dan.m.franks@gmail.com 817-403-1267
Last modified: 27 Apr 2013 1:52 PM | Deleted user
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