319 York Avenue | 315 York Ave
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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.
Excludes: All personal property.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
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)
PROPERTY TAXES
Parcel Number | R000030432 | Improvements Assessment | $342,690 |
Land Assessment | $111,860 | Total Assessment | $454,550 |
PROPERTY TAXES
Parcel Number
R000030432
Land Assessment
$111,860
Improvements Assessment
$342,690
Total Assessment
$454,550
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319 York Avenue | 315 York Ave
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