TX > Southlake > Mesco Addition Blk 1 Lot 7R
Southlake, TX 76092,2118 E State Hwy 114
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Southlake, TX 76092,2118 E State Hwy 114
Southlake, TX 76092,2118 E State Hwy 114
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Paul Tosello

Paul Tosello

+1(817) 992-3320
$ 1,650,000
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Pending

2118 E State Hwy 114 Southlake, TX 76092

4,500 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type COM-Sale/Leaseback (Both)

Listing Status Pending

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $366

Subdivision Mesco Addition Blk 1 Lot 7R

MLS Listing ID 14239567

Construction Status New Construction - Incomplete

HOA Y/N No

Year Built 2019

Lot Size 0.740 Acres

Acres 0.74

Property Sub-Type COM-Sale/Leaseback (Both)

Property Description

Investors Dream -property comes with a tenant who pays equivalent to a 7.25 cap rate. The construction will be completed summer 2020. Property sits on a busy thoroughfare off Highway 114 with 70,000 autos per day. The current owner will be the tenant. If buyer prefers to use for own purposes that can be done as well. The construction quality utilizes only the finest products to make this great facility. This has a superb use for a medical building as well as general office facility. The location is close to the Methodist Hospital. The average household income is 185k per year. This location also would be a great place for a pediatric clinic as it is also close to a new Children's hospital.

Location

State TX

County Tarrant

Interior

Heating Central Air-Elec, Central Heat-Gas

Flooring Concrete, Marble

Inclusions Building Only

Exterior

Parking Features Garage-Attached, Common Lot, Front, Open, Rear, Side

Utilities Available Asphalt, City Sewer, City Water, Concrete, Curbs

Roof Type Metal

Building

Story 1

Foundation Pilings, Slab

Lot Size Range .5 Acre to .99 Acre

Construction Status New Construction - Incomplete

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Listed by Terry Reed • Preston Bend Real Estate
agent

Paul Tosello

Agent

+1(817) 992-3320

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2118 E State Hwy 114

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