2924 Highway 365 - Freestanding FOR SALE


Nederland, TX 77627- Downtown Nederland
$978,100 USD
661-904-9401
2924 Highway 365, Nederland, TX for Sale
$978,100 USD
Freestanding - FOR SALE
1/9
null | 6.5% Cap Rate

2924 Highway 365
Nederland, TX 77627
Downtown Nederland


HIGHLIGHTS

  • LOANSTAR TITLE LOANS is a financial services company specializing in short-term title loans.
  • LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE
  • LOCATED IN DOMINANT RETAIL CORRIDOR
  • CORPORATE GUARANTEE FROM SELECT MANAGEMENT RESOURCES
  • EXCELLENT SITE-LEVEL VISIBILITY

OVERVIEW

PRICING: $978,100 CAP RATE: 6.50% NOI: $63,574 LEASE TERM: 18+ YEARS INCREASES: 3% ANNUALLY

FOR SALE DETAILS

PRICE

$978,100 USD

PRICE/SF

$276 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LoanStar Title Loans | Nederland, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,045 SF

ZONING

F1

APN/PARCEL ID

028951-000-019200-00000

ASK ABOUT THIS PROPERTY

661-904-9401

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661-904-9401

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