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 Locals Automotive Repair
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 08/30/2046
Remaining Term 20.1
Rent Bumps Yes
Lease Options Four (4), 5-Year Renewal Options
Broker Co-Op Yes
Class A
Year Built 2026
Buildings 1
Acreage 1.850
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/08/2026
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 – [email protected]
Jeffrey Aron - [email protected]
Evan Dyer – [email protected]
Matthew Kivnani - [email protected]
Investment highlights
- 20 Year Absolute Net Lease
- July 2026 Grand Opening
- Conveniently Located Less Than 1 Mile Away From I-35
- Approximately 14 Miles North of Downtown Austin
- Surrounded by Several Multi-Family Developments and Single Family Residential Neighborhoods.
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
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Is there information that looks off?
