209 N Main Street, Weatherford, TX 76086 - MLS#20739666

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DeDe Galindo

dede@ziglarrealty.com +1(817) 881-1280

$799,000

Est. payment - /mo

1,873 Sqft Lot

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UPDATED:

09/27/2024 04:10 AM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Weatherford Original Town

MLS Listing ID 20739666

Total Fin. Sqft 3640

Year Built 1901

Annual Tax Amount $9,668

Lot Size 1,873 Sqft

Acres 0.043

Property Description

Fantastic investment opportunity to own a piece of downtown Weatherford, Texas. One building compromising approximately 3640 sqft with its front doors facing thousands of vehicles per day on N Main St. The building underwent a complete remodel in 2024. Additionally, a fire suppression system is being installed as of Fall 2024. A 5 year Absolute NNN lease was signed in June of 2024 with annual 2% inflation bumps added. This is a good opportunity to diversify your investment portfolio. Tenant is a long term committed, family owned business.

A 5-year Absolute NNN (Triple Net) lease was signed in June 2024. This type of lease structure often means lower management responsibilities for the landlord, as the tenant is responsible for taxes, insurance, and maintenance costs in addition to rent.

The lease includes annual 2% inflation bumps, which helps protect against the eroding effects of inflation, thereby potentially increasing your income over time.

Location

State TX

County Parker

Zoning CBD

Direction From Ft Worth take interstate 30 W and interstate 20 W to Santa Fe Dr in Weatherford. Continue from Santa Fe Drive and turn Left onto Fort Worth Highway, Turn Right at the traffic circle onto N Main St, Property is on the Left.

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Wood

Heat Source Central

Exterior

Utilities Available City Sewer, City Water

Roof Type Flat,Synthetic

Parking Type Off Street

Garage No

Building

Foundation Block, Stone

Structure Type Rock/Stone

Others

Ownership JDM TEXAS INVESTMENTS I LLC

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Matt Milligan • Trinity Country Real Estate

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DeDe Galindo

+1(817) 881-1280

Broker Associate | License ID: 0490726

Broker Associate License ID: 0490726

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