1720 N Velasco St - QUICK QUACK 3,686 SF Specialty Building Offered at $3,448,938 CAD at a 5.71% Cap Rate in Angleton, TX 77515
INVESTMENT HIGHLIGHTS
- The property is secured by a new 20-yr NNN ground lease. Tenant is responsible for all property taxes, insurance, and maintenance.
- The area’s increasing population and improving economic environment make this an attractive market for long-term investment.
- Growing community with strong demand for car wash services, supported by the surrounding residential and commercial developments.
EXECUTIVE SUMMARY
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
PROPERTY FACTS
| Price | $3,448,938 CAD |
| Price Per SF | $935.69 CAD |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.85 AC |
| Building Size | 3,686 SF |
| No. Stories | 1 |
| Year Built | 2024 |
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PROPERTY TAXES
| Parcel Number | 4020-0006-120 | Improvements Assessment | $137,756 CAD |
| Land Assessment | $762,092 CAD | Total Assessment | $899,847 CAD |
