508 E Loop 340 - Auto Repair FOR SALE


Bellmead, TX 76705
$2,500,000 USD
954-703-3602
508 E Loop 340, Bellmead, TX for Sale
$2,500,000 USD
Auto Repair - FOR SALE
1/5
null | 6% Cap Rate

508 E Loop 340
Bellmead, TX 76705


HIGHLIGHTS

  • 8 Years Remaining | Scheduled Rental Increases | Option to Renew
  • NN+ Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Prime Commercial Corridor Location | Dense Retail Corridor
  • Loop 340 Expansion | Adjacent to Major Regional Anchors | Excellent Visibility
  • Local Demographics In 5-mile Trade Area

OVERVIEW

• Approximately 8 years remaining of primary lease term • The lease features a 4% rent increase at the beginning of year 9 • Over 20 years of operating history in the area, demonstrating consistent long-term success • Founded in 1925, Napa Auto Parts, a subsidiary of the Genuine Parts Company, is a leading provider of automotive parts and accessories

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$283 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Napa Auto Parts - Bellmead TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

B2

APN/PARCEL ID

28-001500-002001-4

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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