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1608 W Moore , Terrell TX 75160

  • $3,900,000
  • 20321787
  • Property ID
  • Commercial
  • Property Type
  • 28420
  • sqft

Overview

Property ID: 20321787
  • 20321787
  • Property ID
  • Commercial
  • Property Type
  • 28420
  • sqft

Description

MLS ID: 20321787

Occupied by a new car dealership in Terrell, just 30 miles east of Dallas, this property presents a lucrative opportunity. Ideal for car or equipment dealerships, distribution centers, or retail ventures, it is strategically located at the major intersection of SH 205 and US Hwy 80. The building offers a service bay, showroom, parts department, offices, and ample parking. Recently renovated, it meets all Certificate of Occupancy guidelines set by the City of Terrell. Currently under a one-year lease to a Hyundai Dealer, the property is operating at approximately an 8% cap rate. Situated at a major highway intersection, this property ensures prime visibility and accessibility in a thriving area. The ongoing lease with a reputable tenant adds to the investment appeal, making it an ideal opportunity for those seeking a stable and income-generating commercial property in a strategic location.

 

Listing by: RE/MAX Landmark, Frank Roberts

 

Address

  • Address 1608 Moore
  • City Terrell
  • State/county TX
  • Zip/Postal Code 75160
  • Country US

Details

Updated on February 21, 2024 at 9:12 pm
  • Property ID: 20321787
  • Price: $3,900,000
  • Property Size: 28420 sqft
  • Property Type: Commercial
  • Property Status: Active

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