Newly remodeled. Everything Brand New!
Great Investment for 1031 Exchange Money! National tenant occupied, former restaurant converted to finance company location. First Lease term - 5 years commencing April 1, 2007 with 2 - 5 year options with rent increases.
First 5 years annual rent is $31,200/2nd 5 year term annual rent is $40,800/3rd year annual rent is $45,600.
GREAT NNN INVESTMENT!
Asking Price: $312,000
Location: 1611 New Boston Rd. - Texarkana, TX
Land Area: .6151 acres
Current Use: Finance Company
Number of Buildings: 1
Structure SF: 2,250