12390 State Highway 155 S - Auto Repair FOR SALE


Tyler, TX 75703
$3,257,300 USD
713-452-4200
12390 State Highway 155 S, Tyler, TX for Sale
$3,257,300 USD
Auto Repair - FOR SALE
1/6
null | 7% Cap Rate

12390 State Highway 155 S
Tyler, TX 75703


HIGHLIGHTS

  • Over Seven Years Remaining on Corporate Guaranteed Lease.
  • Acquired by Boyd Group (NYSE: BGSI), Offering Investment-Grade Credit and Long-Term Investment Security.
  • Corporate Guaranteed by The Fifth Largest Collision Company in The Us (250+ Locations).
  • Passive Investment Opportunity with Minimal Landlord Responsibilities.
  • Annual Rent Increases to Hedge Against Inflation.
  • Main Frontage on Highly Trafficked Corridor With 26,000 VPD On Hwy 155 S.

FOR SALE DETAILS

PRICE

$3,257,300 USD

PRICE/SF

$166 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.88 AC

LAND SF

125,453 SF

ZONING

-

APN/PARCEL ID

1-69300-0000-00-003000

ASK ABOUT THIS PROPERTY

Justin MillerMarcus & MillichapMore Info
713-452-4200

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Justin MillerMarcus & MillichapMore Info
713-452-4200

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