606 N Richmond Rd - Storefront FOR SALE


Wharton, TX 77488
$500,000 USD
737-295-0075
606 N Richmond Rd, Wharton, TX for Sale
$500,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

606 N Richmond Rd
Wharton, TX 77488


HIGHLIGHTS

  • Vacant Collision + Repair Building
  • 7 Bays, Including 2 Alignment Bays and a Paint Booth
  • Priced at $58/ft, Well Below Replacement Cost
  • Texas is an Income Tax-Free State
  • Ideal For Both Aspiring and Seasoned Operators
  • Leasing at Market Rent of $9/ft NNN Represents a Cap Rate of 15.5% on the Asking Price

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,612 SF Former Wharton Collision Located at 606 N Richmond Rd in Wharton, TX. This Deal is Priced at $58/ft, Well Below Replacement Cost, and Leasing at Market Rent of $9/ft NNN Represents a Cap Rate of 15.5% on the Asking Price, Providing For a Secured Investment. In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former Wharton Collision - Wharton, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

-

APN/PARCEL ID

R061620

ASK ABOUT THIS PROPERTY

Trent MuznySands Investment Group Atlanta, LLCMore Info
737-295-0075

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Trent MuznySands Investment Group Atlanta, LLCMore Info
737-295-0075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.