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300 W Commerce Street Brownwood, TX 76801
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision J R Looney Hwy Add
MLS Listing ID 21083147
Sold Date 12/30/25
Total Fin. Sqft 1939
Year Built 1971
Annual Tax Amount $11,180
Lot Size 0.580 Acres
Acres 0.58
Property Sub-Type Retail
Property Description
Prime NNN investment opportunity featuring a national tenant, Verizon Wireless, currently under lease through August 31, 2028. This property offers a strong 8% cap rate and stable, long-term income from one of the nation's leading wireless providers.
Strategically positioned along W Commerce Street, US Hwy 67, one of Brownwood's busiest commercial corridors the site benefits from an average daily traffic count of 17,366 vehicles, ensuring exceptional visibility and consistent exposure.
The building is well-maintained, with modern construction and an attractive retail façade that complements surrounding national retailers. Ample parking and easy ingress and egress from the front and the back make this a turnkey, passive income property ideal for both seasoned and new investors alike.
Location
State TX
County Brown
Zoning M1 Restricted Industrial Districe
Direction Use GPS
Interior
Heating Central
Cooling Central Air
Flooring Varies, Vinyl
Heat Source Central
Exterior
Utilities Available Asphalt, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter
Roof Type Asphalt,Spanish Tile
Accessibility Accessible Approach with Ramp
Garage No
Building
Foundation Slab
Structure Type Stucco
Others
Financing Cash
Special Listing Condition Flood Plain
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