The property consists of a branded Valero Gas station/convenience store and a fully equipped and operational restaurant. The property totals approximately 1.77 acres and is improved with one single-story convenience store/restaurant building totaling approximately 4,000 square feet. The building is constructed on a concrete slab-on-grade foundation. The property is currently operated by Fast Break convenience store and a restaurant. On-site operations include the retail sales of gasoline and diesel and general convenience store sales and normal restaurant activities. In addition to the subject property building, the property is improved with two underground storage tanks (UST' s), two gasoline fuel pump stations under a fuel canopy, a drive lane for the restaurant, concrete and gravel paved parking areas, and associated landscaping. A Phase 1 Environmental Site Assessment (ESA) was conducted by AEI Consultants on April 5, 2011. The ESA found no environmental risks on the property. LOOKING TO RETIRE, MAKE ME AN OFFER.
Sands Investment Group is pleased to exclusively offer for sale a 2,000-square foot single-tenant Starbucks located in Tyler, TX. Starbucks recently renewed their double-net (NN) corporate guaranteed lease, which is set to commence in May 2015. This particular property is located in a mature retail market with good visibility along the Southeast Loop 323. The property has a drive-thru, which provides easy in and out access with a parking lot that has a total of 27 parking spaces. This location is the epicenter of a dense retail trade area, and more than 100,000 residents within a 5-mile radius. There are 40 commercial strip centers, ranging in size from 16,000 square feet to 215,000 square feet and over 90% occupied. Tyler has more retail space than typical for a city of its size because it serves as the economic center of East Texas. It is expected that over the next five years, growth will support an additional 520,000 to 580,000 square feet of shopping center-inclined retail.
Longview, Population 81,000, is a major hub city for East Texas, as is the nearby city of Tyler. In 2014, Forbes magazine ranked Longview as the sixth fastest-growing small city in the United States Planned Completion Date 02/2015 Property Located Directly Across from East Texas Regional Airport 15 Year Absolute NNN Lease Dollar General - S&P BBB+ Rated Market Capitalization Exceeds $16 Billion
Wal-Mart Neighborhood Market is a single tenant net-lease investment opportunity in Katy, Texas. The property is strategically located adjacent to the master-planned community of Cinco Ranch which is ranked the #1 Top-Selling Community in Texas and #3 in the United States by Real Estate Consulting. Wal-Mart Stores Inc. (NYSE: WMT), who is the world' s largest employer and undisputed king of retailing, guarantees the property' s brand new 20-year lease with fifteen consecutive five year options.
CVS "Zero Cash Flow" Leasehold with " pay down re-advance feature". Lease term 1-2009 through 1-2033 with Six (6) Five (5) year options. Debt assumption 1st lein $2,559,587 + 467 debt component of $159,189. Cash required $370,000 or 13.6% over combined debt balances. Texas is a tax free state. (see attached brochure) SEE ATTACHED BROCHURE FOR ADDITIONAL INFORMATION
The subject property consists of the ownership of improved land (42,913 square feet) occupied by a 4,396 square foot, full service, Casa Ole' Mexican Restaurant. The property is situated mid-block on the west side of North 16th Street. The property was originally developed in 1985. The original 20 year NNN lease commenced in 2004 as a Casa Ole' Mexican Restaurant (45 locations in 3 states) and currently has approximately 9+ years remaining, plus two (2) ten (10) year options to renew. There are annual rent increases of 1.5%. The lease is absolute NNN with no landlord responsibilities.
Chicago-based PLS Financial Services, Inc., manages more than 300 financial service centers in California, Illinois, Indiana, Mississippi, New York, Texas and Wisconsin, with more than 3,000 employees. PLS is one of the largest, fastest growing and most distinguished organizations in the check cashing industry, and is a Western Union money transfer agent. PLS is listed among Inc. magazine' s 5000 Fastest-Growing Private Companies in America, and has been named one of Chicago' s 101 Best and Brightest Companies to Work For by the National Association of Business Resources. In 2008, 2009 and 2010, PLS was named one of Chicago' s Largest Privately Held Companies by Crain's Chicago Business, and was a member of Crain's Fast 50 (Fastest Growing Companies) in 2008 and 2009. The company has also been honored with the Activa Award from the Financial Service Centers of America (FiSCA) in recognition of its charitable efforts.
It is a brand new shopping center with 5 year leases NNN. Metal structure, natural stone, TPO roofing, cylinder block.
Price Upon Req.36,941 SF
Auction.com and Cushman & Wakefield are pleased to offer opportunity to acquire Building 600 ("Property") within the well regarded Parker Square mixed-use development. Featuring a unique mixture of multi-tenant office and retail space, the building represents a tremendous value! Combining ground floor retail and boutique office space amidst the appealing atmosphere of the overall development, Building 600 has been finished out for small to medium-sized office and retail tenants.
The subject property is a 9,180 square foot retail building located at the intersection of Navigation Blvd. and North Sampson St. immediately east of downtown Houston, TX. The property is well-located within its immediate trade area immediately adjacent to a new Jack in the Box. Houston is the fourth largest metropolitan area in the United States and the largest city in Texas by population.