Listed by Hunington Properties
$3,950,594
Locals Automotive Repair - Wells Branch
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 4,469
Cap Rate 6.20%
NOI $244,937
Occupancy 100%
Tenancy Single
Brand/Tenant Service Street Tire & Auto
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 03/31/2046
Remaining Term 19.8
Rent Bumps Yes
Lease Options Four (4), 5-Year Renewal Options
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Acreage 1.857
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/2026
Ground Lease No
Ownership Fee Simple
20 Year Absolute NNN Lease | 6.00% CAP | New Development Auto Repair
Marketing description
PLEASE CONTACT FOR MORE INFORMATION:
Sandy P. Aron – sandy@hpiproperties.com
Jeffrey Aron – jeffrey@hpiproperties.com
Evan Dyer – evan@hpiproperties.com
Matthew Kivnani – matthew@hpiproperties.com
Investment highlights
20 Year Absolute Net Lease
Surrounded by multi-family developments and single family roof tops
Conveniently located less than a 1 mile off I-35 in the southeastern most part of Pflugerville - just over the border from Austin
Listing Contacts
Listed by Hunington Properties
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$244,937.00
$20,411.42/mo
Valuation Metrics
0
DSCR
6.2%
Cap Rate
6.2%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Is there information that looks off?
