For Sale
$80,000

709 Sam Rayburn Pkwy Bonham, TN 75418

High-yield retail space, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 14,562 square foot storefront property at 709 Sam Rayburn Parkway in Bonham, Tennessee, presents a lucrative investment opportunity. Currently operating as a beauty salon under a gross lease with one year remaining, the property boasts 100% occupancy, generating a strong 9.00% cap rate at an asking price of $80,000 ($6.87/sq ft). Built in 2020, this single-story building sits on a 0.33-acre lot (APN 83642) and is zoned for commercial use. Its strategic location in the heart of Bonham offers excellent visibility and accessibility, close to the downtown area and the local trades day. The property's adjacency to Bonham's only food truck park further enhances its appeal. The versatile space presents numerous possibilities for future tenants or uses, making it an ideal investment for discerning buyers. The property was recently carved from a larger parcel. This is a single-unit building.

Highlights

  • 14,375 square foot lot.

Property Details for 709 Sam Rayburn Pkwy

Property type
Retail properties, Retail space
Square Feet
14,562 SF
Year Built
2020
Stories
1
Lot Size (sq. ft)
14,375 SF
Units
1

Location Insight

City
Bonham
County
Roane
State
Tennessee

FAQs

What type of property is this?
Retail property - High-yield retail space, prime location.
Where is the retail property located?
The property is located at 709 Sam Rayburn Pkwy Bonham, TN.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: 14,375 square foot lot.; ;
How can I contact the broker?
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709 Sam Rayburn Pkwy
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