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Price: $140,000

1,400 SQFT INTERIOR | 15,257 sqft site

 

Annual Rent: $14,000 from 9/1/2014 to 8/31/2019
Price per SF: $10.00
5 Year Option: None
Addendums: USPS Maintenance Rider + USPS Tax Reimbursement Rider ($1,500)
Utilities: USPS pays utilities


Notes:

  • New roof November 20, 2017
  • No right of Termination in the lease
  • If you buy this personally, Texas is one of the few states with no personal income tax. 
  • Melissa demographics says the population is 3,348.
  • There are 4 postal routes with 2,282 drop-offs 


COMPARABLES:

  • Wilmer, TX 5/1/16 = $11.42 PSF
  • Lavon, TX 2/1/16 = $12.0 PSF

 

DISCLOSURE: Marvo, Inc. is in contract to buy this post office at a price lower than the asking price. Marvo is willing to assign and thereby sell the Contract of Purchase and Sale to a third party at a suitable assignment fee. DO NOT CALL THE POST OFFICE OR THE OWNER WITHOUT FIRST ASKING PERMISSION FROM MARVO, INC. IF YOU DO, YOU WILL BE GUILTY OF “LEGAL INTERFERENCE” IN AN ONGOING CONTRACTUAL TRANSACTION. This offering is void where prohibited by law. Marvo retains the right to withdraw this offering or change terms &/or pricing at any time without notice. None of the information herein is warranted as it has been received from a third party.

 
 
 

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