1100 S Main St - Service FOR SALE


Mansfield, TX 76063- Downtown Mansfield
$8,733,000 USD
480-221-4221
1100 S Main St, Mansfield, TX for Sale
$8,733,000 USD
Service - FOR SALE
1/18
null | 6% Cap Rate

1100 S Main St
Mansfield, TX 76063
Downtown Mansfield


HIGHLIGHTS

  • New, 15-Year Lease | Options To Extend | Annual Rental Increases
  • Industrial NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • The Shops at Broad | Dense Retail Corridor | U.S. Highway 287
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an industrial NNN leased, Texas Collision Centers investment property located in Mansfield, Texas. The tenant, Texas Collision Centers recently signed a brand new, 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and FMV increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is industrial NNN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$8,733,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Collision Centers | Annual Increases

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

32 Ft

DOCKS

21

DRIVE INS

2

PARKING SPACES

94

LAND DETAILS

LAND ACRES

2.88

LAND SF

125,453

ZONING

I-2

APN/PARCEL ID

07066767

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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