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Commercial Sale
Description
Prime investment opportunity just blocks south of historic downtown Brady. This well maintained commercial property is currently leased to the State with approximately three years remaining on the existing lease, providing immediate and stable income from day one. The property is producing an estimated 9 percent cap rate, making it an attractive option for investors seeking solid returns.Offering just over 1,200 square feet, the layout includes six private offices, a kitchen or break area, and one bathroom, making it ideal for professional, governmental, or administrative use. The functional floor plan supports efficient workflow while maintaining privacy and flexibility.Ample on site parking, a rare and highly desirable feature for commercial properties in this area, adds significant value and convenience for both employees and clients. With a strong tenant profile, dependable cash flow, and prime location, this property presents an excellent opportunity for both seasoned and entry level investors.
Property details
Property Type:
Commercial Sale
Subtype:
Business
Original List Price: $125,000
List Price/Acres $:
$409,836
Additional details
Direction
From the intersection of US Hwy 87 S. Bridge St and W. Commerce St in Brady Head south on S. Bridge St US Hwy 87 S for approximately 0.4 miles. Property will be located on the right west side of S. Bridge St.
Listed by Stephens Ranch Hand Real Estate
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