701 W White St - Storefront FOR SALE


Anna, TX 75409
$5,300,000 USD
214-686-8763
701 W White St, Anna, TX for Sale
$5,300,000 USD
Storefront - FOR SALE
1/5
null | 6.84% Cap Rate

701 W White St
Anna, TX 75409


HIGHLIGHTS

  • Over 17,000 Vehicles per day

OVERVIEW

Average rents of $21.89/SF 53 basis points of cap rate improvement built in within 8 months (See Pro Forma Page 14) Built in Rent Growth - 77% of the GLA has 3% or 5% annual Increases Upside – The two lowest rent paying tenants leases expire at year end with no options providing an investor the first opportunity to add value by leas- ing the spaces at market rent Full NNN leases - little to zero landlord management responsibility and Zero Slippage Excellent Visibility and Access Over 17,000 Vehicles per day Strong demographics in rapidly growing area creates a thriving brick and mortar retail environment

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

6.84%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

Commercial 1

APN/PARCEL ID

R-8992-00A-0020-1

ASK ABOUT THIS PROPERTY

Daniel WenzInternational Town East Tower, L.P.More Info
214-686-8763

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

Daniel WenzInternational Town East Tower, L.P.More Info
214-686-8763

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