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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.

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

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Parts

Bumper To Bumper Auto Parts

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

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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