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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Investment Warehouse Property 10.5 Acres

Location  Texas,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $171348
Net Profit / Cash Flow  $158280
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2001
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Retirement
Description  Great location on a busy highway with 5 metal warehouse buildings on 10.5 acres in Conroe. All currently leased out with rates of $2285-$3250/mo triple net. 6th building is being planned for construction. Acreage enough for a total of 7 warehouse buildings. Each building has 60'X16' office space, rest is warehouse. 2 buildings have 4 - 12'X14' garage doors. 3rd building has 3 - 14'X16' garage doors and 4th and 5th buildings have 3 - 12'X14' garage doors. Tenants have been there for 2-7 years. Taxes are approximately $2100/yr/building and are paid for by tenants. Seller will consider subdividing and selling warehouses individually for around $550K each. Additional income on property comes from billboard rental $1250/yr. Great investment opportunity as area is growing both commercially and residentially. Seller will consider owner financing for a qualified buyer. Please do not bother tenants. Please refer to CBB Listing #7536MB
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