705 Jackson Rd - Retail FOR SALE


Pharr, TX 78577- East McAllen
$1,826,087 USD
332-345-4222
705 Jackson Rd, Pharr, TX for Sale
$1,826,087 USD
Retail - FOR SALE
1/2

705 Jackson Rd
Pharr, TX 78577
East McAllen


HIGHLIGHTS

  • Strong Corporate Guarantee
  • New Construction
  • Long-Term 20-Year NNN Sale-Leaseback
  • Attractive Annual Rental Increases

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 705 S Jackson Rd, Pharr, TX 78577. The site consists of roughly 1,496 rentable square feet of building space on an estimated 0.21-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 $105,000 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$1,826,087 USD

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

P3230-00-000-007A-00

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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