840 EAST SOUTH LOOP (STEPHENVILLE)

MULTI TENANT

840 EAST SOUTH LOOP STEPHENVILLE, TX 76401
Price :
$ 1,750,000
Cap Rate :
12.68%
NOI :
$ 221,898
Lot Size :
13.35 acres
Year Built :
1966
Property Area :
90,000 sqft
Status :
AVAILABLE
MARKETING PACKAGE

By downloading the Marketing Package (“Offering Memorandum”) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

 

Investment Highlights

  • Private Access to Stephenville’s Clark Field Municipal Airport
  • Located in the Heart of Stephenville
  • Close Proximity to All Major Freeways in Stephenville
  • Ample Parking – Over 100 Parking Spots and Situated on Over 13 Acres

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 840 East South Loop in Stephenville, Texas. The subject property consists of approximately 90,000 square feet and is situated on approximately 13.35 acres of land. Built in 1966, the subject property has approximately 6,654 square feet of office space and has ample parking with over 100 parking spots. The asset is located in the heart of Stephenville with close proximity to all major freeways and private access to Stephenville Clark Regional Airport.

Stephenville is uniquely located in rural Texas one hour southwest of Dallas/Fort Worth for easy access to metropolitan amenities. Known as the ‘Cowboy Capital of the World,’ Fortune 500 companies also provide a strong manufacturing diversity to the economy. Stephenville serves as a regional medical and retail center for the area and is located one mile from Stephenville Clark Regional Airport and 70 miles southwest of Fort Worth Meacham International Airport. Stephenville has been listed as one of ‘The 100 Best Small Towns in America!’ Major employers in the area include Tarleton State University, TechnipFMC, Stephenville ISD, Saint-Gobain Abrasives, and Schreiber Foods.

The Dallas/Fort Worth metroplex is the fourth-most populous metro in the nation with an aggregate of more than 7.1 million residents. It is composed of 13 counties stretching nearly 10,000 square miles. The city of Dallas houses 1.3 million people, followed by Fort Worth with 800,000 residents. Strong job growth continually draws new residents to the region. To accommodate the additional traffic, the region’s transportation network is evolving. Traffic flow is improved as freeways are expanded and miles are being added to tollways and turnpikes. The growth of the transportation network is vital to supporting commuters to the metros numerous corporations and growing industries. Dallas/Fort Worth’s population growth in recent years ranks among the highest in the U.S. for a major metro. The Metroplex is home to 21 Fortune 500 companies and many regional headquarters, drawing workers and residents. The areas extensive network of rail and highways along with the International Inland Port of Dallas ensure its status as a distribution hub.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. (Activity ID: Z0060841)

Exclusive Listing

Adam Abushagur
(972) 755-5223
Lic # TX : 661916
Cliff Zimmerman
(972) 755-5217
Lic # TX : 706882

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