706 E McKinney St - Auto Repair FOR SALE


Denton, TX 76209- Downtown Denton
$1,400,000 USD
940-381-2220
706 E McKinney St, Denton, TX for Sale
$1,400,000 USD
Auto Repair - FOR SALE
1/11
null | 6.99% Cap Rate

706 E McKinney St
Denton, TX 76209
Downtown Denton


HIGHLIGHTS

  • NNN Investment
  • Prime Location
  • 6,243 SF industrial building

OVERVIEW

Strandes Garage has been a staple in the Denton Market since 1962. It's prime location and visibility are known across Denton County. WIth a new 5 year lease in place that has 3% annual bumps. The proven tenant sets up a great investment opportunity. 6,243 sqft of Industrial use is as versatile as it comes.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$456 USD /SF

CAP RATE

6.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,652 SF

ZONING

MN

APN/PARCEL ID

R32811

ASK ABOUT THIS PROPERTY

Mason ShanahanSVN VERUS CommercialMore Info
940-381-2220

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Mason ShanahanSVN VERUS CommercialMore Info
940-381-2220

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