2151 E Garrison St - Fast Food FOR SALE


Eagle Pass, TX 78852
$1,062,000 USD
415-602-6339
2151 E Garrison St, Eagle Pass, TX for Sale
$1,062,000 USD
Fast Food - FOR SALE
1/6
null | 5.75% Cap Rate

2151 E Garrison St
Eagle Pass, TX 78852


HIGHLIGHTS

  • 3+ Years Remaining | Corporate Guaranty | Option To Extend | Scheduled Annual Rental Increase
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Mall de las Aguilas | High Traffic Counts | Dense Retail Corridor |Eagle Pass High School (2,000+ Students ) | Cross-Border Location
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The lease has 3.6 years remaining • The lease features $9,600 annual rental increases each April 1 through lease expiration, providing consistent NOI growth and a hedge against inflation

FOR SALE DETAILS

PRICE

$1,062,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Long John Silver's | NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

96

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

B2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeff GatesSRS Real Estate PartnersMore Info
415-602-6339

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Jeff GatesSRS Real Estate PartnersMore Info
415-602-6339

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