554 10th St - Storefront FOR SALE


Floresville, TX 78114
$2,321,739 USD
332-345-4222
554 10th St, Floresville, TX for Sale
$2,321,739 USD
Storefront - FOR SALE
1/2
null | 5.75% Cap Rate

554 10th St
Floresville, TX 78114


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Long-Term, Absolute triple net (NNN) lease
  • Attractive Annual Rental Increases
  • Attractive National Tenants Nearby

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 554 10th Street, Floresville, Texas 78114. The site consists of roughly 1836 rentable square feet of building space on an estimated 0.37-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $133,500 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$2,321,739 USD

PRICE/SF

$1,265 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

-

APN/PARCEL ID

26441

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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