375 I-45 Fairfield, TX 75840
High-yield industrial property, excellent cash flow.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- 14,800 SF industrial building on a 4-acre lot in Fairfield, TX.
- Class B building, built in 2005, with 14' ceilings.
- 100% occupied by a single tenant under a 5-year gross lease (11/1/2024 - 10/31/2029) with a 5-year option; 9.54% cap rate, $133,500 NOI.
- Asking price: $1,400,000 ($94.59/SF); 360' of I-45 frontage.
- Sale-leaseback option available; APN 54080.
Property Details for 375 I-45
- Property type
- Warehouses, Industrial properties
- Square Feet
- 14,800 SF
- Class
- B
- Year Built
- 2005
- Buildings
- 2
- Stories
- 1
- Lot Size (sq. ft)
- 174,240 SF
- Units
- 1
Location Insight
- City
- Fairfield
- County
- Freestone
- State
- Texas
- Latitude
- 31.7604123
- Longitude
- -96.2106582
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - High-yield industrial property, excellent cash flow.
- Where is the warehouse located?
- The property is located at 375 I-45 Fairfield, TX.
- What is the asking price?
- The asking price for this property is $1,400,000.
- What are key features of this property?
- This property features: 14,800 SF industrial building on a 4-acre lot in Fairfield, TX.; Class B building, built in 2005, with 14' ceilings.; 100% occupied by a single tenant under a 5-year gross lease (11/1/2024 - 10/31/2029) with a 5-year option; 9.54% cap rate, $133,500 NOI.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].