PARTY SUPPLIES GROUP (ENNIS, TX)

SINGLE TENANT

SELLER FINANCED
Lot Size :
2.13 acres
Year Built :
1962
Property Area :
62,500 sqft
Status :
RECENTLY SOLD

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

 

Investment Highlights

• Sold Below Replacement Cost of Land and Construction
• Advised Out-Of-State Investors on Upside Within Industrial and Increased Returns in Rural Texas
• Buyer Able to Diversify Portfolio with Industrial Product Type
• With Value-Add Opportunity, Buyer Able to Increase Rents Upon Lease Renewal or Divide into Multi-Tenant Facility
• Proposed Seller Financing to Create a Win-Win for Both Parties
• Seller Able to Achieve Desired Price Plus Interest with Short-Term Seller Financed Loan
• Proactively Found Buyer by Targeting Similar Value-Add Investments Previously Sold in Tertiary Markets
• Negotiated Loan Terms in Order to Shorten the Due Diligence Period and Secure Hard Money
• Strong Tenant | Party Supplies Industry Leader
• Submarket Vacancy Rate Below-Average At 3.6% with No Competing Vacancies in Submarket

 

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. © 2019 Marcus & Millichap. All rights reserved. (Activity ID: Z0061028)

Exclusive Listing

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

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