910 E 8th Street E , #2

    Weslaco, TX 78596
    • $518,000
    • STATUS: Active
    • ON SITE: 211 days
    • MLS #: 309444
    UPDATED: 69 min ago
    $518,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,200
      SQFT
    • $162
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    Description

    INVESTMENT PROPERTY, this is a SALE/LEASE BACK transaction. The seller will sell the property and the same seller will lease back from the buyer for a long term lease. NNN type ( no expenses responsibilities to the buyer). This is the perfect purchase for a completely passive investor. Typically NNN leases are found in large, corporate buildings, THIS IS A RARE OPPORTUNITY TO INVEST IN A PROPERTY LEASED TO AN A+ MEDICAL GROUP that consult over 55,000 patients per yearThis property produce 44,100/yr NET . All expenses such as property tax, building insurance, maintenance and association are covered by the tenant aside from the rent . CAP 8.5%

    Monthly Payment Calculator

    © 2019 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Lucas Sanchez Real Estate Team. Data last updated: 2019-08-21T17:16:27.327.
    www.thelucassanchezteam.com/homes/91081799

    910 E 8th Street E , #2 Weslaco, TX 78596

    • Price: $518,000
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 309444
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    3,200
    SQFT
    $162
    $/SQFT
    2006
    Built
    Neighborhood:
    Medical Plaza Of Weslaco
    County:
    Hidalgo
    Area:
    Weslaco
    Property Description
    INVESTMENT PROPERTY, this is a SALE/LEASE BACK transaction. The seller will sell the property and the same seller will lease back from the buyer for a long term lease. NNN type ( no expenses responsibilities to the buyer). This is the perfect purchase for a completely passive investor. Typically NNN leases are found in large, corporate buildings, THIS IS A RARE OPPORTUNITY TO INVEST IN A PROPERTY LEASED TO AN A+ MEDICAL GROUP that consult over 55,000 patients per yearThis property produce 44,100/yr NET . All expenses such as property tax, building insurance, maintenance and association are covered by the tenant aside from the rent . CAP 8.5%
    Exterior Features

    Access City Street Exterior Siding Stucco Grounds LandscapedMature Trees Parking Blacktop Roof Metal

    Interior Features

    Flooring Type Tile Office Sq Ft 3200 Other Bldg Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0 Water Heater Electric

    Property Features

    Amenities None Energy Features Programmable Thermostat Hvac CentralElectric Poa YN Yes Present Use Medical/Dental Property Sub Type Commercial Reo No Site Features None Taxes Wo Exemption 9586

    Listing by Cesar Cepeda - Broker Assoc. of Re/Max Associates.
    © 2019 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Lucas Sanchez Real Estate Team. Data last updated: 2019-08-21T17:16:27.327.
     
    The Lucas Sanchez Real Estate Team
    2575 E Griffin Parkway, Suite 14
    Mission TX, 78572