Industrial/Retail for Sale

1301 Kaufman, Ennis, Texas 75119

QR Code
Property Description

+/-10,286 SF building sitting on +/-0.47 acres available for purchase. *Advertised cap rate is 2024 pro-forma. 2024 Estimate is 7.74%. Property is currently occupied by Generations Skate, LLC. on a 5 year lease expiring December 31, 2026. NNN lease and tenant responsible for all maintenance and repairs, excluding parking lot, roof, and structural. Annual 10% base rent escalations for the remainder of the lease term with the next rent increase January 1, 2024. Financials and rent roll available by contacting listing agent. Upside in renewing tenant at market rates or converting back to use for industrial or non-renewing tenant and using for owner-occupant. Interior features 100% HVAC interior, large open space that is currently being used for a roller rink, and a 2nd story that was previously used for a small apartment. Property being sold as-is. Exterior includes a pole sign, façade sign, and ample parking.

Basic Details
Property Type : Warehouse
Listing Type : For Sale
Listing ID : 1296
Price : $450,000
View : Street
Year Built : 0
Lot Area : 0.47 Acre
Address Map
Country : US
State : TX
County : Ellis
City : Ennis
Zipcode : 75119
Street : Kaufman
Street Number : 1301
Floor Number : 0
Longitude : W97° 22' 58.2''
Latitude : N32° 19' 8.6''
Warehouse For Sale
  • Listing ID : 1296
  • Lot Area : 0.47 Acre
$450,000
Agent info
Justin Clark
Mote & Associates
515 N. Cedar Ridge, Suite 9, Duncanville, Texas
Attachments
Contact Agent