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$ 250,000
Est. payment | /mo
$ 250,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-8577
Year Built 1970
Annual Tax Amount $2,706
Source Amarillo Association of REALTORS®
Property Description
Excellent investment opportunity in Vega! This 1,856-square-foot commercial property is currently leased to the United States Postal Service, generating $21,344 in annual rental income under a triple net (NNN) lease. With the current asking price, the property provides an attractive 8.54% cap rate, based on annual rent and assuming no landlord operating expenses. With an established government tenant and NNN lease structure, this property offers an appealing opportunity for investors seeking consistent rental income and minimal management responsibilities.
Location
State TX
County Oldham
Area 5040 - Vega
Direction Exit Vega and turn north on Main St. Proceed approximately 2 miles and it is on your right.
Region Vega
City Region Vega
Exterior
View Y/N No
Others
Ownership Ron Dewees d/b/a Vega Post Office
Listed by Erin Love • Moreland Real Estate Group
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