3801 Chandler Hwy - Freestanding FOR SALE


Tyler, TX 75702
$4,445,000 USD
949-698-1105
3801 Chandler Hwy, Tyler, TX for Sale
$4,445,000 USD
Freestanding - FOR SALE
1/9
null | 6.75% Cap Rate

3801 Chandler Hwy
Tyler, TX 75702


HIGHLIGHTS

  • Personal Guaranteed 15-Year Sale Leaseback | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Across From Westwood Shopping Mall | Primary Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Chevron investment property located in Tyler, Texas. The tenant, Chevron, recently signed a brand new 15-year lease, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$4,445,000 USD

PRICE/SF

$734 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chevron

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C-2

APN/PARCEL ID

1-50000-0907-00-003040

ASK ABOUT THIS PROPERTY

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949-698-1105

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Winston GuestSRS National Net LeaseMore Info
949-698-1105

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