Homes for sale - 2118 E State Hwy 114, Southlake, TX 76092

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Therese Johnson

hello@fortworthmetroliving.com +1(214) 680-7992

$1,650,000

Est. payment - /mo

4,500 SqFt

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Key Details

Property Type Commercial

Sub Type Office

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

Total Fin. Sqft 4500

Year Built 2019

Lot Size 0.740 Acres

Acres 0.74

Property Sub-Type Office

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

Zoning C2

Direction Northwest of DFW Airport on State Hwy 114

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Concrete, Marble

Heat Source Central, Natural Gas

Exterior

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

Roof Type Metal

Garage Yes

Building

Foundation Pillar/Post/Pier, Slab

Others

Ownership MDP Southlake LLC

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/14239567

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Terry Reed • Preston Bend Real Estate

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Therese Johnson

+1(214) 680-7992

Broker Associate | License ID: 0634934

Broker Associate License ID: 0634934

2118 E State Hwy 114 Southlake, TX 76092

Therese Johnson

Key Details

Location

Interior

Exterior

Building

Others

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2118 E State Hwy 114