104 N Upshaw Blvd - Bank FOR SALE


Robstown, TX 78380
$670,770 USD
305-926-3106
104 N Upshaw Blvd, Robstown, TX for Sale
$670,770 USD
Bank - FOR SALE
1/13
null | Request Cap Rate

104 N Upshaw Blvd
Robstown, TX 78380


HIGHLIGHTS

  • NNN Lease
  • Great Exposure Building and Location, Lot is paved
  • Great Price, includes Drive-Thru Lanes, plenty of parking for customers

OVERVIEW

Reduced Price = $670,770 Great Opportunity for Investment Building Lease to Wells Fargo Bank NNN Lease Building Size: 4,259 SF, situated in a 0.96 Acre of Land NNN Lease - Commencement Date on April, 2015, Initial (5) years commencing on the Term Commencement Date and expiring (5) years thereafter. Extensions: Starting year 2020, Tenant has Four (4) Three year options. Tenant is currently in the 2nd Extension and paying $34,347.00/year NNN Tenant is paying $2,862.00/ month NNN Lease Current Income NOI: $34,344/year CAP RETURN ON INVESTMENT= 5.12% POTENTIAL IN THE 4th Extension, the Rent will be $39,324.00/year - CAP Return on Investment: $5.86%

FOR SALE DETAILS

PRICE

$670,770 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wells Fargo Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

B-3

APN/PARCEL ID

280697

ASK ABOUT THIS PROPERTY

David HeinrichThe Keyes CompanyMore Info
305-926-3106

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David HeinrichThe Keyes CompanyMore Info
305-926-3106

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.