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873 B Wall Street Gunter, TX 75058
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,788 sqft
MLS Listing ID 21125919
Year Built 2019
Annual Tax Amount $8,503
Lot Size 10.000 Acres
Property Sub-Type Industrial
Property Description
Commercial investment or passive income opportunity.
10 acres of real estate in Grayson County, Texas, zoned M-2 Heavy Manufacturing via Special Use Permit. The property includes 5 undeveloped acres with a 30-foot easement.
Located less than 3 miles from the new Grayson County Parkway that is under construction that connects to the Dallas Toll Road.
100 percent fee simple interest—NNN-leased ready-mix concrete batch plant in Guenter, Texas, also generating monthly royalty income based on the number of yards of concrete produced at the facility.
Wildcatters Material LLC
Executive Summary
Rare Opportunity to acquire a mission-critical ready-mix concrete facility occupied by an established regional operator under an absolute triple-net lease.
Tenant pays all taxes, insurance, utilities, and maintenance – Truly a passive investment
Additional Revenues, Production royalty: the tenant pays royalty per yard of concrete produced.
Plant has the capability to produce up to 200 plus yards of concrete per hour.
Grayson County Growth Trends exceed that of Texas, (see growth summary, included)
Location
State TX
County Grayson
Zoning commercial 377 special purpose
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Combination
Exterior
Utilities Available Asphalt, Electricity Connected, Septic, Well
Roof Type Flat
Building
Foundation Pillar/Post/Pier
Structure Type Frame,Other
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Survey Available, Verify Tax Exemptions, Other
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Bought with Sara Jerome • Vincent Realty Group
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