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commercial real estate broker or owner property # 1131
Commercial Real Estate Broker or Owner Property Tenant:
Checker Auto Parts
Capitalization Rate (CAP): 10%
Asking Price: $745,000
Net Operating Income (NOI): $74,500 year 1-15, $81,950 year 16-20 (option), $90,145 year 21-25 (option), $99,160 year 26-30 (option).
State Located: TX
Lease Terms: 15 year, commenced 7/96, with three 5 year options and 10% increases every 5 years.
Size of Building: 8,000 sq. ft.
Size of Lot: .50 acres
Financing Obligations: None
Additional Comments: NNN
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above
commercial real estate broker or owner property and not yet under previous agreement, please request our agreement.
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Information contained herein has been obtained from sources that are deemed reliable. We have no reason to doubt the accuracy, however we do not guaranty it.
This commercial real estate broker or owner property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.