2705 Prince George Avenue, Desoto, Texas 75115

$1,149,000
List Price
$1,149,000
MLS#
13947834
Status
ACTIVE OPTION CONTRACT
Type
Commercial
Year Built
2006
Construction Status
Preowned
County
Dallas
Area
DESOTO AREA (2)
City
Desoto
Subdivision
Williamsburg Village Amd

Property Description

9.05% return, with 2% annual bumps, on this 2 net Medical Office Building by Methodist Charlton Medical Center. Single tenant (2 doctor office). 12 year old building. 5 year corporate lease.

Additional Information

Unexempt Taxes
$29,245
Features
Computer Ready, Fire Alarm
Gross Annual Income
104009
Tenant Pays
All Utilities
Lot Size
29,098
Acres
0.67
Subdivided
No
Flooring
Ceramic Tile
Foundation
Slab
Roof
Composition
Stories
1
Walls
Brick, Other
Ceiling Height Type
Other
Street Utilities
City Sewer, City Water, Concrete, Individual Gas Meter, Individual Water Meter, Sidewalk
Heating Cooling
Central Air-Elec, Central Heat-Elec
Construction Material
Brick
Parking Garage
Attached, Open
Road Frontage
194
Building Sq. Ft.
4635
Number of units
1
Leasable Sq Ft
4635
Occupancy Rate
100
Building Use
Medical, Office
Inclusions
Land & Improvements
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Allie Beth Allman & Assoc..