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Auto Parts

Sun Auto Service | 2% Annual Increases | 350+ Locations

2041 S A.W. Grimes Blvd, Round Rock, TX 78664

Listing Price: $2,438,774

Cap Rate
4.65%
Tenant Name
Sun Auto & Tire Services, Inc.
Years Remaining On Lease
18.9
Guarantor
Corporate Guarantee
Rentable SF
6,297
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.01

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Sun Auto Service located at 2041 S A.W. Grimes Boulevard in Round Rock, Texas. The site consists of roughly 6,297 rentable square feet of building space on estimated 1.06-acre parcel of land. This Sun Auto Service is subject to a 20-year absolute triple-net (NNN) lease, which commenced April 23, 2021, with 2% annual rental increases and 4, 5-year renewal options.

Investment Highlights

  • Located In Round Rock| One of America's Fastest Growing Cities | Tax Free State & Excellent Demographics
  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease | Approximately 19 Years Remaining
  • Two Percent (2%) Rental Increases Annually

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Auto Parts

Sun Auto Service | 2% Annual Increases | 350+ Locations

Listing Price: $2,438,774

Cap Rate
4.65%
Tenant Name
Sun Auto & Tire Services, Inc.
Years Remaining On Lease
18.9
Guarantor
Corporate Guarantee
Rentable SF
6,297
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.01

Investment Highlights

  • Located In Round Rock| One of America's Fastest Growing Cities | Tax Free State & Excellent Demographics
  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease | Approximately 19 Years Remaining
  • Two Percent (2%) Rental Increases Annually

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Sun Auto Service located at 2041 S A.W. Grimes Boulevard in Round Rock, Texas. The site consists of roughly 6,297 rentable square feet of building space on estimated 1.06-acre parcel of land. This Sun Auto Service is subject to a 20-year absolute triple-net (NNN) lease, which commenced April 23, 2021, with 2% annual rental increases and 4, 5-year renewal options.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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