4600 FM 1626 - Auto Repair FOR SALE


Kyle, TX 78640- Buda-Kyle | 
$4,605,364 USD
914-403-7574
4600 FM 1626, Kyle, TX for Sale
$4,605,364 USD
Auto Repair - FOR SALE
1/3
null | 6.5% Cap Rate

4600 FM 1626
Kyle, TX 78640
Buda-Kyle


HIGHLIGHTS

  • Corporate Guarantee from Sun Auto Tire & Service
  • Established Retail and Restaurant Corridor
  • High-Visibility Position Along FM 1626 | 40,000 VPD
  • Dense Residential & Mixed-Use Surroundings

OVERVIEW

Surmount is pleased to present the exclusive listing for a Sun Auto located at 4600 Farm to Market 1626, Kyle, TX 78640. The site consists of roughly 9,600 rentable square feet of building space on an estimated 1.25-acre parcel of land. Sun Auto is subject to a 10-year Triple Net (NNN) lease, which commenced 10/30/2020. The current annual rent is $299,349 and has scheduled increases of 1.00% Annually.

FOR SALE DETAILS

PRICE

$4,605,364 USD

PRICE/SF

$461 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sun Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

-

APN/PARCEL ID

R178272

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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