2118 E State Hwy 114 Southlake, TX 76092 PENDING




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Key Details

Property Type: Commercial

Sub Type: COM-Sale/Leaseback (Both)

Listing Status: Pending

Purchase Type: For Sale

Square Footage: 4,500 sqft

Price per Sqft: $366

Lot Size: 0.740 Acres

Year Built: 2019

MLS Listing ID: 14239567

Subdivision: Mesco Addition Blk 1 Lot 7R

Construction Status: New Construction - Incomplete


Property Description

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.


State: TX

County: Tarrant

Area: Southlake Area (125)


Heating: Central Air-Elec,Central Heat-Gas

Flooring: Concrete,Marble

Inclusions: Building Only


Garage: Attached,Common Lot,Front,Open,Rear,Side

Utilities Available: Asphalt,City Sewer,City Water,Concrete,Curbs

Roof Type: Metal


Story: 1

Foundation: Pilings,Slab

Lot Size Range: .5 Acre to .99 Acre

Construction Status: New Construction - Incomplete

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Listing provided by Terry Reed of Preston Bend Real Estate

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    Linda Peterson CENTURY 21 Mike Bowman, Inc.
    Linda Peterson

    Broker Associate - Realtor License ID: 0386837

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    Linda Peterson

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