Commercial Land for Sale in Weatherford, Texas
3611 N Sh-51 Weatherford, TX 76088
Single-tenant net leased asset being offered with lease expiring in August of 2028 on an approximate 7.5% cap. Tenant has one 5-year renewal option. 3% per annum escalations on lease. Tenant is an oil and gas related operation. Property is comprised of a main office-warehouse building with approximately 35% office finish-out, 7 grade doors ranging from 10' to 16' tall, one attached wash bay, and one mezzanine storage that could be converted to additional office space. The main building has 18' clear heights. The second building is a storage warehouse with equipment shed and it has two grade level doors (12' tall). The third building is a shop building with three grade level doors (12' tall) and restroom. There is one on-site fuel canopy with fuel and well house, two septic systems, and one well. The property has a large fenced-in yard area with highway frontage along SH-51 positioned between Weatherford and Springtown.
Directions
Take SH-51 North from Weatherford, on west side of SH-51 between Old Springtown Road and Green Branch Road intersections.
Property details
- County
- Parker County
- Elevation
- 1,142 feet
- MLS Number
- NTREIS 20599262
- Date Posted
Legal description
4.705 Samuel L. Gilliland Survey, Abst. No. 519
Parcels
- R000093941
Resources
Detailed attributes
Listing
- Type
- Commercial
Structure
- Materials
- Metal
- Roof
- Metal
- Cooling
- Central A/C
- Heating
- Central Furnace
Interior
- Floors
- Carpet, Concrete, Tile, Tile - Ceramic, Vinyl
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 26, 2024 | New listing | $2,300,000 | — | NTREIS |