United StatesTexasSouthlake2118 State Hwy 114

2118 State Hwy 114
2118 State Hwy 114 Southlake, Texas 76092 United States

$1,650,000
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Investors Dream -property comes with a tenant who pays equivalent to a 7.25 cap rate. The construction will be completed summer 2020. Property sits on a busy thoroughfare off Highway 114 with 70,000 autos per day. The current owner will be the...
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$1,650,000
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.74 Acres
Exterior
Commercial
Property type
2019
Year Built
14239567
Web Id
14239567
MLS ID
Carroll Independent
School District
This Property is Currently Contract Pending

About 2118 State Hwy 114

Investors Dream -property comes with a tenant who pays equivalent to a 7.25 cap rate. The construction will be completed summer 2020. Property sits on a busy thoroughfare off Highway 114 with 70,000 autos per day. The current owner will be the tenant. If buyer prefers to use for own purposes that can be done as well. The construction quality utilizes only the finest products to make this great facility. This has a superb use for a medical building as well as general office facility. The location is close to the Methodist Hospital. The average household income is 185k per year. This location also would be a great place for a pediatric clinic as it is also close to a new Children's hospital.

Listing Courtesy of Preston Bend Real Estate - Terry Reed

Amenities

  • Marble Countertop
  • Beachfront
  • Concrete Flooring

features

cooling
Central Air
lot description
Open
Additional Listing Type
In Contract

PROPERTY INFORMATION

Heating
Central Air-Elec, Central Heat-Gas
Parking Description
Garage-Attached, Common Lot, Front, Open, Rear, Side

EXTERIOR

Roofing
Metal

INTERIOR

Flooring
Concrete, Marble
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