300 W Commerce Street, Brownwood, TX 76801
sale
$615,000
|
Retail
Courtesy Of Coldwell Banker, Mark Campbell & Associates, Listed By Jason Gray
Prime NNN investment opportunity featuring a national tenant, Verizon Wireless, currently under lease through August 31, 2028. This property offers a strong 8% cap rate and stable, long-term income from one of the nation s leading wireless providers.
Strategically positioned along W Commerce Street, US Hwy 67, one of Brownwood s busiest commercial corridors the site benefits from an average daily traffic count of 17,366 vehicles, ensuring exceptional visibility and consistent exposure.
The building is well-maintained, with modern construction and an attractive retail façade that complements surrounding national retailers. Ample parking and easy ingress and egress from the front and the back make this a turnkey, passive income property ideal for both seasoned and new investors alike.
Strategically positioned along W Commerce Street, US Hwy 67, one of Brownwood s busiest commercial corridors the site benefits from an average daily traffic count of 17,366 vehicles, ensuring exceptional visibility and consistent exposure.
The building is well-maintained, with modern construction and an attractive retail façade that complements surrounding national retailers. Ample parking and easy ingress and egress from the front and the back make this a turnkey, passive income property ideal for both seasoned and new investors alike.
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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Stucco
- Floor Covering: Vinyl
- Heating System: Central
- Legal Description: J R LOONEY HIGHWAY ADDITION, BLOCK 23, LOT 4,
- MLSID: 21083147
- Roof Type: Asphalt
- Roof Type: Spanish Tile
- Roof Type: Tile
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