524 Pan American Dr - Auto Repair FOR SALE
Harker Heights, TX 76548 |
$1,383,000 USD
760-642-9942
524 Pan American Dr
Harker Heights, TX 76548
HIGHLIGHTS
- Listed for $1,383,000 yielding a cap rate of 5.35%.
- Abs. NNN Lease offers a passive ownership structure for any investor.
- Team Car Care is the #1 Jiffy Lube Operator in the country with 400+ locations providing security of income.
- Rent Increases – 10% increases every 5 years provide an effective hedge against inflation, preserving and growing income over the lease term.
- Long Term Lease of 12+ years provides strong security of income.
- Recent Lease Extension & Long-Term Operating History demonstrate tenant’s commitment to the location.
FOR SALE DETAILS
PRICE
$1,383,000 USD
PRICE/SF
$659 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.45 AC
LAND SF
19,471 SF
ZONING
-
APN/PARCEL ID
232444
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760-642-9942
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760-642-9942
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