Listed by Main Street Commercial Partners
$2,100,000
6045 Scott Street – Advance Auto Parts
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 8,879
Cap Rate 6.97%
NOI $146,364
Brand/Tenant Advanced Auto Parts
Price per SqFt $237
Acreage 0.890
Retail | 6.97% CAP | 8,879 SqFt
Marketing description
- Income producing Advance Auto Parts located on 0.89 Acres with a 8,879 SF Building ($16.48/SF). Current Lease Expiration April 30, 2027 with 2x5 year options with 10% increase.
- Prime infill location in a high barrier-to-entry corridor with limited available retail sites and strong long-term demand drivers
- Positioned just minutes from the Texas Medical Center, the largest medical complex in the world, driving consistent daytime population and traffic
- Excellent visibility and cross access from Old Spanish Trail. Site is also accessible from both Scott Street & Scottcrest Drive.
Listing Contacts
Listed by Main Street Commercial Partners
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$146,364.00
$12,197.00/mo
Valuation Metrics
0
DSCR
6.97%
Cap Rate
6.97%
ROI
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