12336 W State Highway 29 - Auto Repair FOR SALE
Liberty Hill, TX 78642 |
$3,008,850 USD
216-292-7006
12336 W State Highway 29
Liberty Hill, TX 78642
HIGHLIGHTS
- Brand New 20-Year Absolute Triple-Net (NNN) Lease
- 5% Rental Increases Every Five Years with Multiple Renewal Options
- Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States
- Brakes Plus Operates 169+ Locations Across 6 States
- Rapidly Growing Trade Area - Households and Population Projected to Increase Over 27% in the Surrounding Area by 2029
- Affluent Trade Area with Average Household Income Exceeding $150,000 within a 5-Mile Radius
OVERVIEW
Founded in 1990, Brakes Plus offers brake and auto repair services, tire rotation, oil changes, transmission services, and more.
Liberty Hill is a city in Williamson County, Texas, home to more than 3,600 residents and situated within the Greater Austin metropolitan area. Located near Austin’s tech hub and billion dollar investments by companies like Samsung, Tesla, Dell Technologies, and Apple, Liberty Hill is in the heart of growth taking place in Central Texas.
FOR SALE DETAILS
PRICE
$3,008,850 USD
PRICE/SF
$501 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Brakes Plus - Abs NNN 20 YR Sale-Leaseback
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.79 AC
LAND SF
34,594 SF
ZONING
-
APN/PARCEL ID
R624718
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216-292-7006
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216-292-7006
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