375 IH 45 N

Fairfield, TX 75840
$1,400,000
14800 sqft | 4.00 acres | #20771071

Description

This 14800 s.f. industrial facility on 4 acres is positioned in a prime corridor between the Dallas Fort Worth and Houston metro areas, providing significant IH45 highway exposure with approximately 360' of frontage. The current owner will transition into a long term tenant with a signed 5 year lease that includes up front rent payment for the first six months and regular payments starting at lease commencement. This property offers a solid 9.54% cap rate, making it an excellent investment opportunity with immediate cash flow.

  • Property Details
      • Stories:1
      • Acres:4.0000
      • Square Feet:14800.00
      • Property type:Purchase
      • Year built:2005
      • Foundation:Slab
      • Utility features:Aerobic Septic, Co-op Water
      • Subdivision:Fairfield
      • County:Freestone
      • MLS #:20771071
      • Cost:1400000
      • Property subtype:Industrial
      • MLS #:20771071

Location

Phil HillReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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