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201 E Service Rd
3,116 SF 100% Leased Retail Building Tulia, TX 79088 $290,000 ($93/SF)
INVESTMENT HIGHLIGHTS
- Heavy Traffic on a Busy Hwy
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2018) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$24,000
|
$7.70
|
| Other Income |
$18,250
|
$5.86
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$42,250
|
$13.56
|
| Taxes |
$2,000
|
$0.64
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,000
|
$0.64
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2018)
| Gross Rental Income | |
|---|---|
| Annual | $24,000 |
| Annual Per SF | $7.70 |
| Other Income | |
|---|---|
| Annual | $18,250 |
| Annual Per SF | $5.86 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $42,250 |
| Annual Per SF | $13.56 |
| Taxes | |
|---|---|
| Annual | $2,000 |
| Annual Per SF | $0.64 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2,000 |
| Annual Per SF | $0.64 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
ABOUT 201 E SERVICE RD , TULIA, TX 79088
Awesome Investment Potential located in the center of America! Tulia, TX is a busy little town with potential for business. This is an established business that houses a laundry mat on one side fully equipped with new washers and dryers, an attendant and on-call manager. The building is cut in half and a leasable restaurant space is on the other half and they are connected with a door and have shared bathrooms. Restaurant is a fully operational BBQ place and cookers, fridge, freezers, tables chairs are included. Location is in the busiest area of town, ample parking, metal constructed building up to code and an Investor's Special! Can be built to suit! Call today for more information!
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Daddy J's BBQ
- -
- 1,500 SF
- -
- Jul 2019
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Daddy J's BBQ | - | 1,500 SF | - | Jul 2019 |
PROPERTY TAXES
| Parcel Number | 18313 | Total Assessment | $202,660 (2023) |
| Land Assessment | $800 (2023) | Annual Taxes | $2,000 ($0.64/SF) |
| Improvements Assessment | $201,860 (2023) | Tax Year | 2018 |
PROPERTY TAXES
Presented by
201 E Service Rd
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