2420 Bob White Dr
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2420 Bob White Dr
14,600 SF Specialty Building Offered at $2,500,000 at a 6% Cap Rate in Granbury, TX 76049
Investment Highlights
- Long term nationally recognized tenants.
- Low overhead costs.
- Accelerating lease terms.
Executive Summary
This exceptional investment property, offers 100% occupancy through 2034 with escalating lease terms and two top-tier, long-term tenants. Property Features: Powerhouse Gym (11,000+ sq ft) – A nationally recognized brand, providing an established, high-traffic business that draws a loyal customer base. Fit Body Boot Camp (3,000 sq ft) – A thriving fitness brand, also secured with a long-term lease and strong community presence. Prime Location & Fully Improved – Two well-maintained buildings, ample designated parking, and a large storage facility. Modern Infrastructure – Asphalt paving, city water, and all the amenities needed for seamless operations. This is a truly rare opportunity to own an outstanding property in a prime location with reliable, increasing rental income; with established, nationally recognized tenants and a secure lease structure through 2034, this is a hands-off, high-return investment. Contact me today for more details and to arrange a tour!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,500,000 | Building Class | B |
| Price Per SF | $171 | Lot Size | 2.00 AC |
| Sale Type | Investment | Building Size | 14,600 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Sale Conditions | Ground Lease (Leased Fee) | Year Built | 2005 |
| Property Type | Specialty | Parking Ratio | 6.16/1,000 SF |
| Price | $2,500,000 |
| Price Per SF | $171 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Sale Conditions | Ground Lease (Leased Fee) |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 2.00 AC |
| Building Size | 14,600 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Parking Ratio | 6.16/1,000 SF |
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | R000098860 | Total Assessment | $1,068,840 |
| Land Assessment | $67,010 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,001,830 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
R000098860
Land Assessment
$67,010
Improvements Assessment
$1,001,830
Total Assessment
$1,068,840
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | Light Industrial |
| Light Industrial |
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2420 Bob White Dr
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