W Russell Ave
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W Russell Ave
2 Retail Properties Offered at $3,200,000 in Bonham, TX
Investment Highlights
- 100% occupied with 20 year NNN leases.
- Adjacent to Walmart, serving 14 towns.
- Modern buildings, built in 2020.
- Located at Bonham's busiest intersection.
- Part of a vibrant, growing community.
- Project 617" mixed-use development further enhances the area's appeal, promising substantial economic growth and increased foot traffic.
Executive Summary
2 retail buildings, brand new construction, fully leased with 3 tenants. Each tenant has a 20 year NNN lease with 10% bumps every 5 years.
Property Facts
| Price | $3,200,000 | Number of Properties | 2 |
| Price / SF | $666.67 / SF | Individually For Sale | 0 |
| Cap Rate | 5.87% | Total Building Size | 4,800 SF |
| Sale Type | Investment NNN | Total Land Area | 1.69 AC |
| Status | Active |
| Price | $3,200,000 |
| Price / SF | $666.67 / SF |
| Cap Rate | 5.87% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,800 SF |
| Total Land Area | 1.69 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1215-1219 W Russell Ave, Bonham, TX 75418 | Retail | 2,400 SF | 2020 | - |
| 2160 TX - 121, Bonham, TX 75418 | Retail | 2,400 SF | 2020 | - |
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W Russell Ave
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