2118 E State Hwy 114
Southlake, TX 76092
4500 sqft | 0.74 acres | #14239567
Description
Investors Dream -property comes with a tenant who pays equivalent to a 7.25 cap rate. The construction will be completed summer 2020. Property sits on a busy thoroughfare off Highway 114 with 70,000 autos per day. The current owner will be the tenant. If buyer prefers to use for own purposes that can be done as well. The construction quality utilizes only the finest products to make this great facility. This has a superb use for a medical building as well as general office facility. The location is close to the Methodist Hospital. The average household income is 185k per year. This location also would be a great place for a pediatric clinic as it is also close to a new Children's hospital.
Property Details
- Utility FeaturesAsphalt, City Sewer, City Water, Concrete, Curbs
- SubdivisionMesco Addition Blk 1 Lot 7R
- FoundationPillar/Post/Pier, Slab
- Property TypePurchase
- MLS #14239567
- MLS #14239567
- Square Feet4500.00
- CountyTarrant
- Cost1650000
- Acres0.7400
- Property SubtypeOffice
- Year Built2019
- Buying Agency Compensation2.5
- Stories1
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Terry Reed (#0541365)
Listing Office: Preston Bend Real Estate (#PBRE00TO)
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