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2423 E Main St - Take 5 Oil Change
0.64 Acres of Commercial Land Offered at $1,826,087 in Eagle Pass, TX 78852
INVESTMENT HIGHLIGHTS
- Long-Term 20-Year NNN Sale-Leaseback
- Absolute Triple Net (NNN) Lease
- Strong Corporate Guarantee
- Attractive Annual Rental Increases
EXECUTIVE SUMMARY
Change located at 2423 E Main St, Eagle Pass, TX 78852. The
site consists of roughly 1,418 rentable square feet of building
space on an estimated 0.6-acre parcel of land. This Take 5 Oil
Change is subject to a 20-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be
$105,000 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
| Price | $1,826,087 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 0.64 AC |
| Property Type | Land |
| Price | $1,826,087 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.64 AC |
1 LOT AVAILABLE
Lot
| Price | $1,826,087 | Lot Size | 0.64 AC |
| Price Per AC | $2,853,260.94 |
| Price | $1,826,087 |
| Price Per AC | $2,853,260.94 |
| Lot Size | 0.64 AC |
DESCRIPTION
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 2308 Northpark Dr, Humble, TX 77339. The site consists of roughly 1,682 rentable square feet of building space on an estimated 1.0-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $115,000 and has scheduled increases of 1.50% annually.
PROPERTY TAXES
| Parcel Number | 4714 | Improvements Assessment | $0 |
| Land Assessment | $282,269 | Total Assessment | $282,269 |
PROPERTY TAXES
ZONING
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
CONTACTS
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
Davis Ford -
NNN Pro Group
Presented by
2423 E Main St - Take 5 Oil Change
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