Listing Summary
Absolute NNN; Strong Multi Unit Guaranty. Brand New 20 Year Lease at Close of Escrow
Full Description
20 Year Absolute NNN Lease; Zero Landlord Responsibilities Attractive Hedge Against Inflation; 12.50% Rent Increase Every 5 Years Four 5-Year Option Periods; 40 Years of Potential Lease Term Strong Unit Level Sales and Attractive Rent Coverage Ratio Qualifies for Bonus & Accelerated Depreciation (Contact Your CPA for Details) Multi-Unit Operator; Corporate and Personal Guaranty (Contact Agent for Details) 6 Existing Fuel Pumps Outstanding Location in Fairfield, TX Outparcel to the Eastridge Apartments (24 Units) Affluent Neighborhood with AHHI Exceeding $81,600 within 3 Mile; Median Texas Household Income is $73,000 More than 3,000 Households within a 10-mile radius Fairfield is the Midway Point Between Dallas and Houston
Quick Glance
- Listing ID:
CL-Texas-11415
- Status:
Active
- Year Build:
1981
- Building Size:
4,934 SqFt
- Lot Size:
N/A