301 Center Court Drive
Bridgeport, TX 76426
/ North Park Addition
MLS ID# 20356747 Active
Warehouse
$1,200,000
Details for 301 Center Court Drive, Bridgeport TX 76426
Occupied Office & Industrial space for sale. Investment Opportunity or ideal for Owner Occupant, this property hosts 6 office suites and 8,300 sqft warehouse space currently being operated as a successful Gym. Office suites are individually leased on 3 month renewable leases, gym lease has a 5 year percentage lease in place, achieving higher than the market price per square foot. Value add play by maximizing the .9 Acre lot with constructing additional warehouse or office spaces. Situated amongst lush vacant lots, near medical facilities, and just off HWY 380 where new retail and national brand name tenants have taken occupancy. Currently sitting at a 5.7% Cap Rate with proforma to reach an 8.49% Cap Rate. For owner occupants, please contact us.
Features and Details
- Category Residential
- Type Warehouse
- Area/Neighborhood North Park Addition
- County Wise
- Acreage 0.92 Acres
- MLS ID# 20356747
- Year Built 2005
- Beds Total 0
- Baths Total 0
- Baths Full 0
- Baths Half 0
- Garage Capacity 0
- Living Area 0 sqft
- Construction
- Metal Siding, Rock/Stone, Metal, Metal, Slab
- Heating/Cooling
- Electric, Ceiling Fan(s), Electric
- AccessibilityFeatures
- Meets ADA Requirements
- Flooring
- Concrete, Luxury Vinyl Plank, Vinyl
- Green Features
- Green Verification Count: 0
- Lot Features
- Cul-De-Sac
- Parking
- Concrete, On Street, Open, Outside, Lot, Paved
- Utilities
- City Sewer, City Water
- Year Built
- 2005, Preowned