2610 Highway 35 N - Auto Repair FOR SALE


Rockport, TX 78382
$2,386,330 USD
281-793-6892
2610 Highway 35 N, Rockport, TX for Sale
$2,386,330 USD
Auto Repair - FOR SALE
1/6
null | 5.75% Cap Rate

2610 Highway 35 N
Rockport, TX 78382


HIGHLIGHTS

  • Corporate Guarantee
  • Grease Monkey/Minute Man Oil Change & Car Wash

OVERVIEW

Absolute Net Lease Investment on a Minit Man Oil Change/Grease Monkey Corporate Guaranteed with 12 years left on a 15 year Lease with 2-5 year Options. Rare 2% Yearly Rental Increases. 2190sf Oil Change with a 1688sf Separate Car Wash Building on 1.38acs. Frontage on TX-35 with Traffic Counts of approximately 16,932 cars per day. No State Income Tx. Popular Tourist Attractions Include Aransas National Wildlife Refuge(75,000 visitors), Texas Maritime Museum (15,000 visitors), Fulton Mansion (17,000 visitors), Rockport Beach Park(41,000 visitors)

FOR SALE DETAILS

PRICE

$2,386,330 USD

PRICE/SF

$1,090 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grease Monkey/Minute Man Oil Change/Car Wash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

R19878

ASK ABOUT THIS PROPERTY

Randy SummersSummers Brokerage, PCMore Info
281-793-6892

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Randy SummersSummers Brokerage, PCMore Info
281-793-6892

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