Rupani & Mathew LLC
Listed by Rupani & Mathew LLC
$950,000
Retail Investment - 4041 S Custer Rd, Mckinney, TX 75070
Details
Property Type Retail
Sub Type Spa business
Square Footage 1,500
Cap Rate 6.00%
NOI $59,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 7
Price per SqFt $39
Class A
Year Built 2023
Acreage 13.820
Zoning Storefront Retail/Office
Investment Type Sale/Leaseback
Lease Commencement 10/10/2023
Ground Lease No
Leased and 7 Years remaining
Investment highlights
With over 90K improvements for Spa business. Built with 9 rooms, front desk, rest room and utility area
Listing Contacts
Rupani & Mathew LLC
Listed by Rupani & Mathew LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,000.00
$4,916.67/mo
Valuation Metrics
0
DSCR
6.21%
Cap Rate
6.21%
ROI
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