1480 E Highway 6 - Office FOR SALE


Alvin, TX 77511
$2,045,455 USD
332-345-4222
1480 E Highway 6, Alvin, TX for Sale
$2,045,455 USD
Office - FOR SALE
1/2
null | 5.5% Cap Rate

1480 E Highway 6
Alvin, TX 77511


HIGHLIGHTS

  • Strong Corporate Guarantee
  • New Construction
  • Long-Term 20-Year NNN Sale-Leaseback
  • Attractive Annual Rental Increases

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 1480 E Hwy 6, Alvin, TX 77511. The site consists of roughly 1,494 rentable square feet of building space on an estimated 0.75-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 $112,500 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$2,045,455 USD

PRICE/SF

$302 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,836 SF

ZONING

C-2

APN/PARCEL ID

7936-0001-110

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.