Listed by ParaSell Inc, CP Partners
$2,722,000
Discount Tire
Details
Property Type Retail
Sub Type Auto Shop, Freestanding
Square Footage 7,020
Net Rentable (SqFt) 7,020
Cap Rate 4.5%
NOI $122,500
Occupancy 100%
Tenancy Single
Brand/Tenant Discount Tire
Lease Type Absolute NNN
Lease Term 20.3
Lease Expiration 02/28/2046
Remaining Term 19.8
Rent Bumps Yes
Lease Options Seven, 5-year
Year Built 2026
Buildings 1
Stories 1
Acreage 1.179
Parking Spaces 40 spaces
Parking Per SqFt 5.70
Investment Type Net Lease
Lease Commencement 11/07/2025
Ground Lease Yes
Retail | 4.50% CAP | 7,020 SqFt
Marketing description
New construction Discount Tire located on a primary retail corridor directly across from a top performing H-E-B anchored center. Excellent demographics with household incomes of $131,493 (1-mile radius) and population of 124,187 (5-mile radius) with projected growth to 160,340 in 2029. In income tax-free Texas.
Listing Contacts
Listed by ParaSell Inc, CP Partners
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$122,500.00
$10,208.33/mo
Valuation Metrics
0
DSCR
4.5%
Cap Rate
4.5%
ROI
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