Property Description
- Single Tenant Net Leased Property Located in Kiowa just off State Highway 86 on County Road 37
- 15.35 Acre Property with (2) 5,000 SF Buildings, 8-Acre Yard & Improvements Leased by Strong National Tenant
- Absolute Net Lease with Tenant Paying for 100% of all Operating Expenses Including Property Tax
- Current Lease In Place through 2030 with 3% Annual Escalations & Renewal Term Option
- 7 Acres not Under Tenant Lease Available for Additional Development, Leasing or Potential Subdivision and Sale
- Excellent Opportunity for Passive Investment Income with Zero Participation in Property Management
- 100% of the 10,000 SF is Leased, Generating $166,860 NOI at a 7.0% Cap Rate
- Access & Showing by Appointment Only – Do Not Disturb Tenant!
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