1302 Wildcat Dr - Retail FOR SALE


Portland, TX 78374- North Bay
$2,043,478 USD
332-345-4222
1302 Wildcat Dr, Portland, TX for Sale
$2,043,478 USD
Retail - FOR SALE
1/2
null | 5.75% Cap Rate

1302 Wildcat Dr
Portland, TX 78374
North Bay


HIGHLIGHTS

  • Strong Corporate Guarantee
  • New Construction
  • Long-Term 20-Year NNN Sale-Leaseback

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 1302 Wildcat Dr, Portland, TX 78374. The site consists of roughly 1,496 rentable square feet of building space on an estimated 0.41-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $117,500 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$2,043,478 USD

PRICE/SF

$1,366 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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