Auto Service - Gas-Conv

RaceTrac

Listing Price: $4,284,000

Cap Rate
5.60%
Tenant Name
RaceTrac
Years Remaining On Lease
9.80
Gross SF
3,990
Guarantor
Corporate Guarantee
Rentable SF
3,990
Price/Gross SF
$1,073.68
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$60.14

Investment Overview

Major retailers and points of interest surrounding RaceTrac include Huguley Hospital, Kohl's, Michaels, T.J. Maxx, Petsmart, Best Buy, AMC, Waffle House, TGI Fridays, Burger King, McDonald's, Hampton Inn & Suites, La Quinta Inn & Suites and Many Others. RaceTrac is in an affluent and dense location with over 68,200 people living within a 3-Mile radius with an Average Household Income of over $88,300

Investment Highlights

  • NNN RaceTrac located at 775 NE Alsbury Boulevard, Burleson TX at the intersection of NE Alsbury Boulevard (20,310 VPD) and Commercial Boulevard.
  • Subject property has a GLA of 3,990 SF and is situated on a 1.94-Acre Lot.
  • 10 years remaining in the base term of a NNN lease with 7.50% increases every 5 years.

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Michael Kook

    Licensed Associate Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

Financing By

Listing Price: $4,284,000

Cap Rate
5.60%
Tenant Name
RaceTrac
Years Remaining On Lease
9.80
Gross SF
3,990
Guarantor
Corporate Guarantee
Rentable SF
3,990
Price/Gross SF
$1,073.68
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$60.14

Investment Highlights

  • NNN RaceTrac located at 775 NE Alsbury Boulevard, Burleson TX at the intersection of NE Alsbury Boulevard (20,310 VPD) and Commercial Boulevard.
  • Subject property has a GLA of 3,990 SF and is situated on a 1.94-Acre Lot.
  • 10 years remaining in the base term of a NNN lease with 7.50% increases every 5 years.

Investment Overview

Major retailers and points of interest surrounding RaceTrac include Huguley Hospital, Kohl's, Michaels, T.J. Maxx, Petsmart, Best Buy, AMC, Waffle House, TGI Fridays, Burger King, McDonald's, Hampton Inn & Suites, La Quinta Inn & Suites and Many Others. RaceTrac is in an affluent and dense location with over 68,200 people living within a 3-Mile radius with an Average Household Income of over $88,300

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Michael Kook

    Licensed Associate Real Estate Broker

    (212) 430-5169

    Email Michael

    License(s): NY: 10301216047, NY: 10491208242

    Manhattan

Financing By

MM Texture Background
MM Textured Background Lower