Commercial Real Estate /TX /Andrews County /Andrews /111 NE Avenue K
Commercial Real Estate /TX /Andrews County /Andrews /111 NE Avenue K
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111 NE Avenue K - Freestanding FOR SALE


Andrews, TX 79714 | 
Off Market
1/4

111 NE Avenue K
Andrews, TX 79714

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HIGHLIGHTS

  • CORPORATE LEASE WITH AARON’S, LLC
  • RECENTLY EXTENDED LEASE | 5.5+/- YEARS REMAINING
  • EXTREMELY LOW BASE RENT | UNDER $4 PER SQUARE FOOT
  • PRICED UNDER $54 PER SF | WELL BELOW REPLACEMENT COST
  • 10% RENTAL INCREASES EVERY 5 YEARS
  • ABSOLUTE TRIPLE NET LEASE (NNN) | NO LANDLORD EXPENSES

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Aaron's | Very Low Base Rent | $646,500

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Department Store

TOTAL BUILDING SIZE

12000

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

09300-00800-0000
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