3230 Fall Creek Highway Granbury, TX 76049
UPDATED:
01/08/2025 03:10 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Fall Creek
MLS Listing ID 20811322
Total Fin. Sqft 6102
Year Built 1986
Lot Size 0.590 Acres
Acres 0.59
Property Description
Located in the heart of Acton, Texas, this two-story commercial office building offers an exceptional investment opportunity with strong cash flow potential. With 24 private suites, this is the only multi-story office building in the area, making it a standout property in the market.
Key Features:
Size: 6,102 square feet of prime commercial office space
Occupancy: 80% currently leased with stable tenants in place
Suite Configuration: 24 individual suites, ideal for a variety of businesses or professional services
Cap Rate: Averaging 5.35% for both 2023 and 2024, indicating strong potential for long-term returns
Unique Opportunity: The only two-story commercial building in Acton, offering exclusivity and visibility
Parking: Ample parking for tenants and clients, with easy access to major highways
Investment Highlights:
Solid historical occupancy and consistent rental income
Low-maintenance building with a diverse tenant mix
Ideal for investors seeking a stable, income-generating property in a growing community
Potential for increased occupancy or rent growth as local demand for commercial space continues to rise
Location: Situated in Acton, a thriving community known for its proximity to major highways and access to key commercial and residential areas. The property offers easy access to all of the conveniences that Acton has to offer, while remaining a short drive from nearby larger cities.
This unique property is a prime asset for any investor looking to expand their portfolio or own a key piece of commercial real estate in a dynamic area.
Location
State TX
County Hood
Zoning commercial
Direction Directions From downtown Granbury, head south on S Morgan St, which becomes Fall Creek Hwy (TX-144 S). Travel about 4.5 miles. The property will be on your left. From US-67, take Fall Creek Hwy exit and head north for about 5 miles. The property will be on the right.
Interior
Heating Central, ENERGY STAR Qualified Equipment, ENERGY STAR/ACCA RSI Qualified Installation, Propane
Cooling Central Air
Flooring Carpet, Ceramic Tile
Heat Source Central, ENERGY STAR Qualified Equipment, ENERGY STAR/ACCA RSI Qualified Installation, Propane
Exterior
Utilities Available Asphalt, Cable Available, City Sewer, City Water, Co-op Electric, Co-op Membership Included, Community Mailbox, Electricity Available, Electricity Connected, Individual Water Meter, MUD Sewer, MUD Water, Overhead Utilities, Phone Available, Propane, Sewer Available, Sidewalk, Underground Utilities
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Frame,Stucco
Others
Ownership Tim Scott
