Property Name

Kaufman Value Add Opportunity

GLA 29,699 SF

Percent Leased 100% Leased

Property Description

Kaufman Value Add Opportunity is a 29,699 square foot value add asset located on 3.39 acres moments east of Highway 243 with compelling upside potential for an owner user or investor in Kaufman, Texas.  Positioned moments from Highway 175, which experiences an excess of 25,000 vehicles per day, the Property is 30 minutes southeast of Downtown Dallas and 45 minutes from DFW Airport.  Kaufman Value Add Opportunity features eight (8) buildings totaling 29,699 SF with fully finished interiors complete with plumbing, electricity and HVAC. The Property is currently occupied by Country Bible Church with plans to relocate after the closing of sale.  The average building size, excluding the 12,738 SF air-conditioned sanctuary, is approximately 2,423 SF. Completed with fully-finished interiors ready for immediate occupancy, the Property benefits from strong residual value as a rectangular, hard corner site with the ability to reposition the existing buildings or develop the entire corner.  Kaufman Value Add Opportunity is priced well below replacement costs at $54.21 PSF to the buildings and near land value at $10.90 PSF to the dirt offering an investor a compelling potential future covered land play. Notable retailers in a 3-mile radius include Walmart Supercenter, CVS Pharmacy, Brookshire Brothers, Dollar General, AT&T, Starbucks, Whataburger, Wells Fargo, Anytime Fitness, AutoZone and Ace Hardware amongst others.