Wells Fargo Bank | 104 N Upshaw Blvd
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Wells Fargo Bank 104 N Upshaw Blvd
4,259 SF Retail Building Robstown, TX 78380 $1,094,940 CAD ($257 CAD/SF)
Investment Highlights
- NNN Lease
- Great Price, includes Drive-Thru Lanes, plenty of parking for customers
- Great Exposure Building and Location, Lot is paved
Executive Summary
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
CAP RETURN ON INVESTMENT: 4.46%
POTENTIAL IN THE 4th Extension, the Rent will be $39,324.00/year - CAP Return on Investment: $5.10%
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
CAP RETURN ON INVESTMENT: 4.46%
POTENTIAL IN THE 4th Extension, the Rent will be $39,324.00/year - CAP Return on Investment: $5.10%
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
4,259 SF
Year Built
1955
Price
$1,094,940 CAD
Price Per SF
$257 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.96 AC
Opportunity Zone
Yes
Zoning
B-3 - Central Business District
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 280697 | Improvements Assessment | $1,081,548 CAD |
| Land Assessment | $285,032 CAD | Total Assessment | $1,366,581 CAD |
PROPERTY TAXES
Parcel Number
280697
Land Assessment
$285,032 CAD
Improvements Assessment
$1,081,548 CAD
Total Assessment
$1,366,581 CAD
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Wells Fargo Bank | 104 N Upshaw Blvd
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