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Take 5

103 N Cesar Chavez Rd, San Juan, TX 78589

Listing Price: $1,083,333

Cap Rate
6.00%
Tenant Name
Take 5
Years Remaining On Lease
7.4
Gross SF
1,620
Guarantor
Corporate Guarantee
Rentable SF
1,620
Price/Gross SF
$668.72
Lease Type
Ground Lease
Rent Per Square Feet
$40.12

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Take 5 in San Juan, Texas. The property consists of a 1,620-square-foot, freestanding building that sits on 0.69 acres of land. There are 7.6 years remaining on the current lease term, with 10% rental increases every five years.

Investment Highlights

  • Ground Lease with 7.6 Years Remaining
  • Over 167,374 Residents in a Five-mile radius
  • Great Visibility Along Cesar Chavez Rd/Expressway 83
  • 10 Percent Rental Increases Every Five Years
  • Only Four miles from Downtown Pharr, Texas
  • Less than Two miles from National Shrine, Basilica of Our Lady of San Juan del Valle
  • Current Seller Took Ownership by Deed in Lieu | Limited Inspection Material Available
  • Income Tax-Free State

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Take 5

Listing Price: $1,083,333

Cap Rate
6.00%
Tenant Name
Take 5
Years Remaining On Lease
7.4
Gross SF
1,620
Guarantor
Corporate Guarantee
Rentable SF
1,620
Price/Gross SF
$668.72
Lease Type
Ground Lease
Rent Per Square Feet
$40.12

Investment Highlights

  • Ground Lease with 7.6 Years Remaining
  • Over 167,374 Residents in a Five-mile radius
  • Great Visibility Along Cesar Chavez Rd/Expressway 83
  • 10 Percent Rental Increases Every Five Years
  • Only Four miles from Downtown Pharr, Texas
  • Less than Two miles from National Shrine, Basilica of Our Lady of San Juan del Valle
  • Current Seller Took Ownership by Deed in Lieu | Limited Inspection Material Available
  • Income Tax-Free State

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Take 5 in San Juan, Texas. The property consists of a 1,620-square-foot, freestanding building that sits on 0.69 acres of land. There are 7.6 years remaining on the current lease term, with 10% rental increases every five years.

Exclusively Listed By

Financing By

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