Commercial Property October 2017 – 1335 E Milam Street

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Commercial property available for sale:
1335 E Milam Street

HUGE PRICE REDUCTION!! Incredible Investment Opportunity! Near Wal-Mart! 10% + CAP Rate…Instant income! Keep this investment business as usual, or bring in a new franchise – It’s the location of this shopping center that sells itself. It has been a long time source of shopping for Mexia and the Tri County area. It has 7 businesses that keep business booming. These units are set up on multiple yr leases. The buildings are painted and well maintained. Behind the shopping center is a large fenced lot that has potential for more lease space! P&L upon request. Owner pays taxes and liability insurance for the property. Tenants pay own utilities. Owner takes care of maintenance in 3 of 7 units, others as is leases.

Acres: 0.8800
Units: 7
Year Built: 1960
Zip Code: 76667
SQFT Building: 10115
Security Features: Exterior Security Light(S), Fire/Smoke, Leased
Road Frontage: Asphalt, City, Concrete, Curbs/Gutters, U.S. Highway Ft.
Property Type: Commercial
Parking Features: Common Lot, Front, Oversized
Number Of Spaces Leased: 7
SQFT Gross: 30245
SQFT Leasable: 10115
Stories: 1
Tenant Pays: All Utilities, Electric, Water
Commercial Features: Computer Ready, Fenced Outside Storage, Inside Storage, Security Lighting, Shelving, Truck Bay
Business Name: Roy Crook Shop Center
Building Use: Automotive, Other, Retail
Average Monthly Lease: 700
Foundation Details: Slab
Heating: Central Air-Elec, Central Heat-Elec, Window Unit