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319 York Avenue 315 York Ave

11,760 SF Retail Building Weatherford, TX 76086 $1,421,400 ($121/SF) 7.75% Cap Rate

Investment Highlights

  • Downtown Weatherford
  • Absolute NNN Lease
  • Successful and Secure Tenant and Lease Agreement

Executive Summary

**Motivated Seller**Fantastic investment opportunity to own a piece of downtown Weatherford located just outside of the North-West quadrant in Weatherford, Texas. Two buildings compromising approximately 11,760 sqft with ample parking. The main building underwent a complete remodel in 2022-2023. A 5 year Absolute NNN lease was signed in September of 2022 with annual 2% inflation bumps added. This is a good opportunity to diversify your investment portfolio. Tenant is a long term committed, 2nd generation, successful, family owned business.
Excludes: All personal property.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,760 SF
Year Built/Renovated
1946/2023
Price
$1,421,400
Price Per SF
$121
Cap Rate
7.75%
NOI
$110,160
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Land Acres
0.64 AC
Zoning
CBD - CBD Description of Zoning Regs/Permissions are attached in Documents.
Frontage
175 FT on York Avenue

Amenities

  • Tenant Controlled HVAC
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Casa Decor
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Casa Decor Retailer 99,999 SF - Lorem Ipsum Jan 0000
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000030432
Land Assessment
$111,860
Improvements Assessment
$342,690
Total Assessment
$454,550
  • Listing ID: 31979454

  • Date on Market: 5/31/2024

  • Last Updated:

  • Address: 315 York Ave, Weatherford, TX 76086

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