This exceptional 10.01-acre industrial property in Breckenridge, Texas, presents a compelling investment opportunity. The property features a 11,280-square-foot industrial building, encompassing 6,200 square feet of net rentable space, currently priced at $749,000 ($66.40/sq ft) with an attractive 8.97% cap rate and a net operating income (NOI) of $67,200. The main building boasts a high 20+ foot ceiling height, a column-free shop area with three-phase power, six large overhead doors, multiple man doors, and employee restrooms. An attached 2,000-square-foot office space offers yard visibility, ideal for dispatching. This area includes a private bathroom, private office, and storage closet. Additionally, a 15,000-square-foot covered material storage area with power and lighting (earthen floor) is included. A pull-through shop, perfect for washing trailers and tractors, is situated in the southwest section. A full-length truck scale with radiation detection is conveniently located outside the dispatch area. The property is fully fenced with opaque R panels on a sturdy footing, secured by four large entry gates. The property is zoned for industrial use and includes four units, each valued at $187,250. Built in 1972, this property, with its APN R12056, is located at 705 Industrial Loop, Breckenridge, TX 76424. The property is also available for lease on a triple net (NNN) basis. This versatile property is suitable for various industrial applications, including steel fabrication.
Highlights
$749,000 asking price for this 11,280 square foot industrial property.
6,200 square feet of net rentable space with a $66.40 price per square foot.
8.97% cap rate and $67,200 net operating income (NOI).
Four units available at $187,250 per unit.
Built in 1972, this property features 20+ foot ceiling heights.
Located on a 10.01-acre lot in Breckenridge, Texas, with APN R12056 and zoned for industrial use.
The property is located at 705 Industrial Loop Breckenridge, TX.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: $749,000 asking price for this 11,280 square foot industrial property.; 6,200 square feet of net rentable space with a $66.40 price per square foot.; 8.97% cap rate and $67,200 net operating income (NOI).
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Contacts
Tim Clark
John McMackin
Dan Goad
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Industrial Loop Breckenridge, TX 76424
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Industrial Loop Breckenridge, TX 76424
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705 Industrial Loop
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