Listing Courtesy of: Frank Roberts - RE/MAX Landmark
$3,900,000
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1608 W Moore Avenue Terrell, TX 75160
Retail
Residence
Beds
Baths
...
Bed/Bath
28,420
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Located in Opportunity Zone: Occupied by a new car dealership in Terrell, just 30 miles east of Dallas, this property presents a lucrative opportunity. Ideal for car or equipment dealerships, distribution centers, or retail ventures, it is strategically located at the major intersection of SH 205 an...d US Hwy 80. The building offers a service bay, showroom, parts department, offices, and ample parking. Recently renovated, it meets all Certificate of Occupancy guidelines set by the City of Terrell. Currently under a one-year lease to a Hyundai Dealer, the property is operating at approximately an 8% cap rate. Situated at a major highway intersection, this property ensures prime visibility and accessibility in a thriving area. The ongoing lease with a reputable tenant adds to the investment appeal, making it an ideal opportunity for those seeking a stable and income-generating commercial property in a strategic location.
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MLS#
20321787
Property Type
Retail
Year Built
1963
Square Feet
28,420
sq. ft
Lot Size
3.08
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