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7.2 Acres With Storage Warehouses And Office
Location: United States -> Texas -> East Texas -> China Grove
Industry: Retail > Other Retail

Business Summary

GOI is $60,000 (with actual in-place rents)

7.2 acres for sale on HWY 87 consists of 3 separate storage warehouse buildings and 2 office buildings.
Storage Warehouse #1 - 5,000 SF ($3,000 rental income)
Storage Warehouse #2 - 1,200 SF ($1,000 rental income)
Storage Warehouse #3 - 3,360 SF (AVAILABLE TO LEASE)
Small office - 960 SF ($1,000 rental income)
Living area/Office - 3,782 SF
- 8 offices
- 2 conference rooms
- 2 fireplaces
- 2.5 baths
- 1 reception area/living room
- 3 entries
- carport
- Office/house is wired for high speed internet (spent around $20k recently)

Overall gross rental income is $5,000/mo. When the 3rd storage warehouse is leased, it will generate around $7,000/mo income. This property is perfect for an owner/user. Current owners run their construction business from the Home/Office space.

This property is perfect for an owner/user who can use the house as an office or residence and still generate monthly income from the property.

**All showings are by appointment only. The property has an ongoing business in operation which will relocate upon sale.

Located in China Grove, TX. HWY 87 and Foster Rd. Property is within close proximity to IH-10 East.

-$5-7000 monthly income!
-Perfect for owner/user
-3360 SF office warehouse available to lease
-Owners will lease partial warehouse
-Wired for high speed internet (spent over $20K)
-Will review reasonable offers
-Building Size:14,300 SF
-Lot Size:7.21 AC
-Property Type:IndustrialProperty


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1992
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned


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7.2 Acres With Storage Warehouses And Office Photo 1 7.2 Acres With Storage Warehouses And Office Photo 2 7.2 Acres With Storage Warehouses And Office Photo 3

Print Listing Id: 700121980
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