Description

3907 Lee St is a 7,410 SF office property for sale at 3907 Lee St in Greenville, TX, in the Downtown Greenville submarket. With 7,410 SF available as contiguous space, the offering speaks to buyers seeking control of the entire building.

Built in 1965, the two-story property sits on 0.396 acres. Assigned parking or garage space and covered parking or carport space give an occupier practical options for staff and visitors, while on-site parking keeps that function tied to the property. The full 7,410 SF of building area is available, allowing an owner-user to plan around the property as a whole rather than a partial-floor acquisition. Its size and two-story layout also give an investor a defined office asset to underwrite.

The asking price is $499,000, or $67.34 PSF. The property carries $88,920 in NOI, a 14.84% cap rate and a 14.84% return on cost, giving an investor specific income and pricing measures for the purchase. For an owner-user, the available building area offers a direct path to occupying the property while retaining control over the site and its parking. The combination of full-building availability and a defined income profile makes 3907 Lee St an opportunity for buyers weighing occupancy needs against investment objectives.