Main Street Auto | 3509 E 4th St
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Main Street Auto 3509 E 4th St
13,151 SF Retail Building Taylor, TX 76574 $5,619,864 CAD ($427 CAD/SF) 7% Cap Rate
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Corporate Guarantee
- Attractive Rental Increases The lease will feature 2.00% rental increases annually.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
13,151 SF
Building Class
C
Year Built/Renovated
1997/2001
Price
$5,619,864 CAD
Price Per SF
$427 CAD
Cap Rate
7%
NOI
$393,391 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
3.98 AC
Zoning
LI - Light Indsutrial
PROPERTY TAXES
| Parcel Number | R511195 | Improvements Assessment | $1,060,370 CAD |
| Land Assessment | $1,556,951 CAD | Total Assessment | $2,617,321 CAD |
PROPERTY TAXES
Parcel Number
R511195
Land Assessment
$1,556,951 CAD
Improvements Assessment
$1,060,370 CAD
Total Assessment
$2,617,321 CAD
Contacts
-
Glen Kunofsky -
Edward Otocka -
Francis Purritano -
Howie Curd -
Walker Stevens -
NNN Pro Group
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Main Street Auto | 3509 E 4th St
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