804 W Main St - Fast Food FOR SALE


Hallsville, TX 75650
$2,794,000 USD
847-722-0865
804 W Main St, Hallsville, TX for Sale
$2,794,000 USD
Fast Food - FOR SALE
1/4
null | 7.35% Cap Rate

804 W Main St
Hallsville, TX 75650


HIGHLIGHTS

  • LONG-TERM LEASE WITH FIXED INCREASES
  • ABSOLUTE NET LEASE
  • MISSION-CRITICAL MEDICAL USE
  • GROWING REGIONAL MARKET
  • ANNUAL RENTAL INCREASES
  • STRATEGIC EAST TEXAS LOCATION

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to market the sale of Total Point Urgent Care, located at 804 W Main Street in Hallsville, Texas. The 3,290 SF property is situated on a 1.37-acre parcel and is 100% leased to Total Point Urgent Care under an absolute net lease structure, offering passive ownership with zero landlord responsibilities. Total Point Urgent Care, located at 804 W Main Street in Hallsville, TX, occupies a 3,290 SF building situated on 1.37 acres. The property is leased on an absolute net basis to Total Point Urgent Care, with the lease personally guaranteed by Rocinante Equity (dba Elysian Capital). The lease runs through October 31, 2041, offering 15.5 years of remaining term and generating $205,392 in year one net operating income.

FOR SALE DETAILS

PRICE

$2,794,000 USD

PRICE/SF

$816 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Total Point Urgent Care - Hallsville, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

F1

APN/PARCEL ID

001460245000005000050

ASK ABOUT THIS PROPERTY

Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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