4800 Joe Ramsey Boulevard E Greenville, TX 75401
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Anytime Fitness Add
MLS Listing ID 21356962
Total Fin. Sqft 5120
Year Built 2014
Annual Tax Amount $14,830
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 224x198
Property Sub-Type Retail
Property Description
Income-producing commercial investment opportunity with an established tenant in place. This 5,120 SF property offers approximately 225 feet of frontage along Highway 69, 40 parking spaces, sprinklered and landscaped grounds in a high-traffic, highly visible location directly across from Hunt Regional Medical Center.
The current tenant is a multi-unit franchisee operating under the largest gym franchise in the world. The tenant began a new 5-year lease term on November 25, 2025, providing approximately 4 years and 4 months of remaining lease term, with an additional 5-year option featuring a 10% rent increase.
At the current listing price, the property offers an approximate 6.04% cap rate. Highway 69 frontage, proximity to Hunt Regional Medical Center, ample parking, and an established national-brand franchise location combine to create a compelling opportunity for an investor seeking an income-producing commercial asset with long-term lease potential. Contact listing agent for lease details, financial information, and additional property documentation.
Location
State TX
County Hunt
Zoning Commercial
Direction From Interstate 30 coming from Dallas, Exit Wesley Street. Turn Left on to Wesley. Continue until you meet Hwy 69, and turn left. The building will be on your right after the next light.
Interior
Heating Electric
Cooling Electric
Flooring Concrete
Heat Source Electric
Exterior
Utilities Available Asphalt, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Overhead Utilities, Sidewalk
Roof Type Metal
Accessibility Accessible Approach with Ramp, Accessible Bath - Full, Accessible Doors, Accessible Entrance, Accessible Hallway(s), Meets ADA Requirements
Garage No
Building
Lot Description Cleared, Few Trees, Landscaped, Leasehold, Sprinkler System
Foundation Slab
Structure Type Metal Siding,Stucco
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition Aerial Photo, Owner/ Agent, Survey Available, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21356962
Nearby Locations
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