For Sale
$614,000

37252 Us Highway 69 Jacksonville, TX 75766

High-Yield Vet Clinic Investment Opportunity

Overview

Added:
Feb 3
Days on market:
79
This exceptional 6,525 sq ft office building, situated on a 3.15-acre lot with 500 feet of frontage on US Hwy 69 in Jacksonville, TX, presents a compelling investment opportunity. The property benefits from two curb cuts providing excellent access to high-traffic US Hwy 69, with a dedicated turn lane for the north entrance accommodating southbound traffic. Its strategic location is approximately 0.32 miles south of the Loop 456 and Hwy 69 intersection, offering high visibility and accessibility. Jacksonville's location, 30 miles south of Tyler and 100 miles southeast of Dallas, ensures a strong regional draw. Currently operating as a 100% leased veterinary clinic with a national credit tenant under a NNN lease, the property boasts a 5-year lease term commencing July 2024, generating a Net Operating Income (NOI) of $46,980 and a capitalization rate (CAP) of 7.65%. Further enhancing its appeal, this property is located within an Opportunity Zone, offering potential tax advantages. This turnkey investment provides a stable income stream and significant upside potential. The property's prime location, strong tenant, and favorable financial metrics make it an ideal addition to any commercial real estate portfolio.

Property Details for 37252 Us Highway 69

Property type
Office properties
Square Feet
6,525 SF
Year Built
2002
Lot Size (sq. ft)
137,214 SF

Location Insight

City
Jacksonville
County
Cherokee
State
Texas
Latitude
31.93074
Longitude
-95.24294

FAQs

What type of property is this?
Office property - High-Yield Vet Clinic Investment Opportunity
Where is the office property located?
The property is located at 37252 Us Highway 69 Jacksonville, TX.
What is the asking price?
The asking price for this property is $614,000.
How can I contact the broker?
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37252 Us Highway 69
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