9365 W Highway 70

Description

eXp Real Estate is proud to present rare and hard to find 7(mol) acres of commercial property with highway 70 W frontage in a fast growing community. Building A is being utilized as recreational rental and foam insulation business totaling 1800 sq/ft, insulation, cement flooring, electric, roll-up doors and 12x20 finished office. Building B features 40x40x16 and 1600 sq/ft of open space. insulated, electric, cement floors. Building B has a lease in place $1600 per month, which is considered to be below market. The lease is month to month. A flexible rent structure provides a buyer the opportunity to renew or re-tenant at higher rental rates. There is a market-supported upside in rents ranging from $3.00 PSF and $3.50 PSF. There is also a 100x60 cement slab of the property to add additional structures. Your business will stand out with a Billboard Advertising Sign featured in a prime location generating revenue from a 30yr lease. Property is in close of proximity of Hwy 69/75 bypass, Cardinal Glass, Lowes, Loves, Wal Mart and other major businesses. Texoma is expecting tremendous economic growth as Texas Instruments breaks ground on a 30 billion four-factory chip plant about 30 minutes from the subject property. The semiconductor assembly plant has a target opening date in 2025. Act now and grow your portfolio with this exceptional commercial business opportunity.