1514 W Henderson St - Auto Repair FOR SALE


Cleburne, TX 76033
$2,173,913 USD
332-345-4222
1514 W Henderson St, Cleburne, TX for Sale
$2,173,913 USD
Auto Repair - FOR SALE
1/2
null | 5.75% Cap Rate

1514 W Henderson St
Cleburne, TX 76033


HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback
  • Strong Corporate Guarantee
  • Absolute Triple Net (NNN) Lease
  • Attractive Annual Rental Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 1514 West Henderson St, Cleburne, TX 7603. The site consists of roughly 1,418 rentable square feet of building space on an estimated 0.78-acre parcel of land. This Take 5 Oil Change will be subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $125,000 and have scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$2,173,913 USD

PRICE/SF

$1,292 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

126-2978-00010

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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