Ask Richard Senn
eXp Real Estate is proud to present rare and hard to find 7(mol) acres of commercial property with highway 70 W frontage in a fast growing community. Building A is being utilized as recreational rental and foam insulation business totaling 1800 sq/ft, insulation, cement flooring, electric, roll-up doors and 12x20 finished office. Building B features 40x40x16 and 1600 sq/ft of open space. insulated, electric, cement floors. Building B has a lease in place $1600 per month, which is considered to be below market. The lease is month to month. A flexible rent structure provides a buyer the opportunity to renew or re-tenant at higher rental rates. There is a market-supported upside in rents ranging from $3.00 PSF and $3.50 PSF. There is also a 100x60 cement slab of the property to add additional structures. Your business will stand out with a Billboard Advertising Sign featured in a prime location generating revenue from a 30yr lease. Property is in close of
proximity of Hwy 69/75 bypass, Cardinal Glass, Lowes, Loves, Wal Mart and other major businesses.
Texoma is expecting tremendous economic growth as Texas Instruments breaks ground on a 30 billion four-factory chip plant about 30 minutes from the subject property. The semiconductor assembly plant has a target opening date in 2025. Act now and grow your portfolio with this exceptional commercial business opportunity.
Directions: From Durant take Hwy 69/75 West 2.7 Miles. Property is located on the North side of the highway.
All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of December 11, 2023 at 12:00:00 AM UTC.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listed By: Tracy Stoner of Exp Realty, Llc