Introducing the Old Town Market Center, located at Tioga, TX 76271. This exceptional property offers a 5,287 square foot building with 6 rental units, providing an excellent investment opportunity. With an income of approximately $60,211.00 per year and annual expenses of around $15,500.00, this property boasts a net operating income of $44,711.00. The Old Town Market Center is ideally situated within the city of Tioga, at the intersection of Highway 377 and Gene Autry Drive. The prime location ensures high visibility and easy access for both tenants and customers. In addition to the lucrative income potential, this property includes lease agreements with established tenants, such as Gwen’s Grooming and Cadence Bank. These leases contribute to the overall stability and profitability of the investment. Rent rolls and a survey are available upon request, providing a comprehensive view of the property’s potential. With a price of $894,000.00, based on a 5% capitalization rate, the Old Town Market Center presents an enticing opportunity for savvy investors looking to maximize their ROI in the thriving Tioga market. Don’t miss out on this prime commercial property. Contact McKissick & Associates at (972) 562-9090 or visit www.resmckinney.com for more information.

Old Town Market Center Tioga, TX 76271

Property to be shown by Broker, Charles McKissick

powered by

What's Nearby?

Hospitals
Education

Location