About This Home

This 0-bedroom, 0-bathroom commercial at 4800 Joe Ramsey Boulevard E in Greenville, TX is listed for $749,900. Built in 2014, on a 1.00 acres lot.

Key Features

  • Built in 2014
  • 1.00 acre lot

Property Details

1 story
2014

Amenities

A/C
Listing Description

6.04% CAP RATE - 5,120 SF - +/-4 YEARS 4 MONTHS REMAINING - NATIONAL-BRAND FRANCHISE TENANT 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.

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

4800 Joe Ramsey Boulevard E

Greenville, TX 75401

Anytime Fitness Add

Property Details

Flooring

Concrete

Construction

MetalSiding Stucco

Parking

Parking LotAssigned

Heating

Electric (Heating)

Cooling

Electric

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4800 Joe Ramsey Boulevard E is listed at $749,900. The estimated monthly payment is $4,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2014, 1.00 acre lot.

This property is listed by James Hulett.

JH

James Hulett

Agent at Century 21 First Group

Listed by Century 21 First Group · Broker phone: (903) 885-3146 · Broker website

MLS# 21356962· Source: North Texas Real Estate Information Systems, Inc.· 3 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4800 Joe Ramsey Boulevard E, Greenville, TX 75401

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