2545 NW Loop - Freestanding FOR SALE


Stephenville, TX 76401
$2,290,000 USD
650-678-7200
2545 NW Loop, Stephenville, TX for Sale
$2,290,000 USD
Freestanding - FOR SALE
1/3
null | 6.85% Cap Rate

2545 NW Loop
Stephenville, TX 76401


HIGHLIGHTS

  • 12 years remaining on NNN lease with 1.75% annual rental increases
  • Lease features a personal guaranty from the company’s founder (ask Agent for more details)
  • 2019 build-to-suit construction
  • Heavily trafficked location – ranked in the top 19% of doctor and health professional offices in Texas based on annual visits (per Placer.ai)
  • Approximately 1 mile from Tarleton State University – over 18,000 students enrolled

OVERVIEW

12 years remaining on a CLEAR eye + optical lease that features 1.75% annual rental increases throughout the base term and options. The subject property is ranked in the top 19% of doctor and health professional offices in Texas based on annual visits (per Placer.ai).

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$396 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CLEAR eye + optical

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

-

APN/PARCEL ID

R000075182

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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