114 W 9th St - Freestanding FOR SALE


Mission, TX 78572
$2,685,097 USD
332-345-4222
114 W 9th St, Mission, TX for Sale
$2,685,097 USD
Freestanding - FOR SALE
1/2
null | 7.75% Cap Rate

114 W 9th St
Mission, TX 78572


HIGHLIGHTS

  • Recession-Proof Tenant
  • Emerging & Essential Industry
  • Strong Corporate Guarantee from Leading Operator in the Space

OVERVIEW

Surmount is pleased to present the exclusive listing for a Biomat USA located at 114 & 219 West 9th St, Mission, TX 78752. The site consists of roughly 13,804 rentable square feet of building space on an estimated 0.83-acre parcel of land. This Biomat USA is subject to a --year Triple Net (NNN) lease, which commenced. The current annual rent is $208,095 and has scheduled increases of 3.00% annually.

FOR SALE DETAILS

PRICE

$2,685,097 USD

PRICE/SF

$195 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Biomat USA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

C-3

APN/PARCEL ID

M5200-00-146-0001-00

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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