leaseback investment opportunity -...
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SALE - LEASEBACK INVESTMENT OPPORTUNITY - $10,500,000 ASKING PRICE
AUTO DEALERSHIP IN SE HOUSTONPROPERTY INFORMATIONExisting dealership constructed and imaged in 2006, in Southeast Houston.
§ 14.75 Acres § Building 1: Main Dealership, built in 2006 measuring approximately 42,513 sf
§ Includes climate control service area with 23 service stalls
§ 12,000sf+ sales and administrative area with approximately 12 offices and large conference/training room
§ Climate controlled parts area measuring approximately 5,000sf
§ Building 2: Quick Lube facility, built in 2006 measuring approximately 2,625 sf
§ Parking for 900+ cars § Existing furniture available upon tenant move-out
TRAFFIC COUNTS § 19,131 cars per day
INVESTMENT HIGHLIGHTS § 3 Year Lease Term executed upon Closing with option to renew
§ NNN Lease § 10% Cap Rate § 2% Annual Rent Increases § Stable, well-capitalized dealer § Asking price - $10,500,000 § Commission to Buyer’s Broker - 2%
APPROXIMATELY 45,138 SF MULTI-USE BUILDINGS | APPROXIMATELY 14.75 ACRES
FOR MORE INFORMATION & CONFIDENTIALITY AGREEMENT:
Evelyn Ward, CCIM®
Associate Vice [email protected]
APPROXIMATELY 45,138 SF MULTI-USE BUILDINGS | APPROXIMATELY 14.75 ACRES SALE - LEASEBACK INVESTMENT OPPORTUNITY OF AUTO DEALERSHIP IN SE HOUSTON
Evelyn Ward, CCIM®
Associate Vice [email protected]
1900 West Loop SouthSuite 1300 | Houston, Texas 77027P 713.270.7700 | F 713.270.6285www.transwestern.com/houston
The information provided herein was obtained from sources believed reliable; however, Transwestern makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice. Copyright © 2012 Transwestern.
FOR MORE INFORMATION & CONFIDENTIALITY AGREEMENT:
Plans not to scaleProvided by Seller - Buyer to verify
SITE PLANS