Auto Parts
Bumper To Bumper Auto Parts
1613 Cumberland St, Vernon, TX 76384
Listing Price: $490,500
Cap Rate
9.15%
Tenant Name
Bumper To Bumper
Years Remaining On Lease
4.1
Guarantor
Corporate Guarantee
Rentable SF
16,890
Lease Type
Double Net
Rent Per Square Feet
$2.66
Investment Overview
This passive investment opportunity offers a single tenant net leased property with minimal landlord obligations in Texas.
Bumper To Bumper Auto Parts
Investment Highlights
- Passive Single Tenant Net Lease Investment with Minimal Landlord Responsibilities
- Small Price Point and Attractive High Cap Rate
- Value Add Opportunity - Flex space on second floor can be renovated into apt or office for extra income
- 4M Auto Parts' recently acquired 10 Auto Plus locations, bringing their total to 20 corporate locations in Texas and Oklahoma
- This site will be operated as a Bumper to Bumper, which has an extensive 50 warehouse distribution network and supplies over 3,500 certified repair facilities across the U.S. and Canada
- Texas is an Income Tax Free State
- Successful 15 Year Auto Parts Operating History at this site
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $490,500
Cap Rate
9.15%
Tenant Name
Bumper To Bumper
Years Remaining On Lease
4.1
Guarantor
Corporate Guarantee
Rentable SF
16,890
Lease Type
Double Net
Rent Per Square Feet
$2.66
Investment Highlights
- Passive Single Tenant Net Lease Investment with Minimal Landlord Responsibilities
- Small Price Point and Attractive High Cap Rate
- Value Add Opportunity - Flex space on second floor can be renovated into apt or office for extra income
- 4M Auto Parts' recently acquired 10 Auto Plus locations, bringing their total to 20 corporate locations in Texas and Oklahoma
- This site will be operated as a Bumper to Bumper, which has an extensive 50 warehouse distribution network and supplies over 3,500 certified repair facilities across the U.S. and Canada
- Texas is an Income Tax Free State
- Successful 15 Year Auto Parts Operating History at this site
Investment Overview
This passive investment opportunity offers a single tenant net leased property with minimal landlord obligations in Texas.
Exclusively Listed By
Broker of Record
Financing By
