8305 Whitley Rd Watauga, TX 76148

This exceptional 3,768 square foot Class B office building, situated on a 17,153 square foot lot in Watauga, Texas, presents a compelling owner-user or investment opportunity. Located at 8305 Whitley Rd, 76148, this single-story, 2-unit building boasts a prime location at the intersection of Bursey and Whitley Road, east of Hwy 377. Constructed in 2006 with partial renovations in 2022, the property features 19 parking spaces and is zoned for commercial use. Currently, approximately 48.5% of the building (1,942 net rentable square feet) is occupied under a triple net (NNN) lease with a remaining term of 2.7 years (expiring July 31, 2027), commencing June 1, 2022, and including a rent bump in 2025. The current tenant's lease rate is approximately $7.00 per square foot. The remaining space is vacant and was recently vacated by the owner. The building is designed as an office duplex, offering the flexibility to combine the spaces. The existing tenant may be willing to vacate their lease, providing additional options for the new owner. This property offers a unique blend of immediate income and future development potential. The property's location within a well-established office park ensures high visibility and accessibility.