3509 E 4th St - Auto Repair FOR SALE


Taylor, TX 76574
$3,880,050 USD
332-345-4222
3509 E 4th St, Taylor, TX for Sale
$3,880,050 USD
Auto Repair - FOR SALE
1/2
null | 7% Cap Rate

3509 E 4th St
Taylor, TX 76574


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Attractive Rental Increases The lease will feature 2.00% rental increases annually.
  • Corporate Guarantee

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Main Street Auto located at 3509 East 4th St, Taylor, TX 76574. The site consists of roughly 13,151 rentable square feet of building space on an estimated 3.975-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $271,604 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$3,880,050 USD

PRICE/SF

$295 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.98 AC

LAND SF

173,369 SF

ZONING

LI

APN/PARCEL ID

R511195

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.