4800 Joe Ramsey Blvd E, Greenville, TX, TX 75401

$750,000

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List Price
$750,000
MLS#
21356962
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
2014
Construction Status
Preowned
Acres
1
County
Hunt
City
Greenville
Subdivision
Anytime Fitness Add

Property Description

6.04% CAP RATE - 5,120 SF - ±4 YEARS 4 MONTHS REMAINING - NATIONAL-BRAND FRANCHISE TENANT Income-producing commercial investment opportunity with an established tenant in place. This 5,120 SF property offers approximately 225 feet of frontage along Highway 69, 40 parking spaces, sprinklered and landscaped grounds in a high-traffic, highly visible location directly across from Hunt Regional Medical Center. The current tenant is a multi-unit franchisee operating under the largest gym franchise in the world. The tenant began a new 5-year lease term on November 25, 2025, providing approximately 4 years and 4 months of remaining lease term, with an additional 5-year option featuring a 10% rent increase. At the current listing price, the property offers an approximate 6.04% cap rate. Highway 69 frontage, proximity to Hunt Regional Medical Center, ample parking, and an established national-brand franchise location combine to create a compelling opportunity for an investor seeking an income-producing commercial asset with long-term lease potential. Contact listing agent for lease details, financial information, and additional property documentation.

Additional Information

Unexempt Taxes
$14,830
Tenant Pays
CableTv, Electricity, Gas, JanitorialService, Management, Other, PestControl, Repairs, Security, Sewer, TrashCollection, Water
Lot Size
43,560
Acres
1
Lot Description
Cleared, Landscaped, Sprinkler System-Yard, Few Trees
Flooring
Concrete
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Additional Parking, Assigned, Common, Paved, Direct Access, Parking Lot, Private
Possession
ClosePlus30To60Days
Proposed Use
Food Service, Medical/Dental, Office, Other, Place Of Worship, Restaurant, Retail, Wholesale Operation
Inclusions
Building Only, Land & Improvements
Community Features
Curbs, Sidewalks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of James Hulett from Century 21 First Group. Contact: 903-568-3888

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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