Price Upon Req.12,900 SF
The subject property is a CVS pharmacy located in Porter, Texas. CVS signed a 25-year lease which commenced in June of 2009, leaving just over 19 years remaining on the initial lease term. This absolute net lease provides for zero landlord responsibilities. CVS, which is publicly traded on the New York Stock Exchange under the ticker symbol CVS , has a current BBB+ credit rating by Standard & Poor's and reported annual revenues in excess of $139 billion in 2014.
The property is a 17,500 +/- square foot free standing building on a 1.63 acre parcel and is ideally located at the intersection of FM 78 and Venture Way in Converse, Texas (San Antonio MSA). The property is leased to Dollar Tree, which is one of the strongest discount stores located in North America. In 2012, Dollar Tree opened another 345 new stores and exceeded $7 billion dollars in sales, with an end-of-the-year market cap of $9.13 billion.
Price includes Furniture, Fixtures, and Equipment Bank financing available, up to 65% LTV, subject to qualifications No existing franchise Traffic Count: 22,000 cars per day 2014 Property Tax: ~$18,429.75 (~$3.686 per sq. ft.) Originally intended as meat market/gas station Land Area: ~49.5 acres, includes Briscoe Canal which is ~12.62 acres Briscoe Canal provides drainage Single building, 2 stories, totaling 5,000 sq. ft. Building has 2,700 sq. ft. porch Building has central A/C and heating and greenhouses Driveway and Parking Area: ~25,000 sq. ft., concrete paving Gas Station: 4 Multiple Product Dispensers 2 Underground storage tanks (20,000 gallon each) 3,956 sq. ft. canopy Uses water well, septic system and public utilities Outside the 100- and 500-year flood plain Property can be used for all legal purposes Easements: Typical utility
Marcus & Millichap is proud to present a Family Dollar located in San Antonio, Texas. The subject property is a newly developed, 8,353-square foot, freestanding building situated on approximately an acre of land. Family Dollar is operating under a triple-net (NNN) lease, with a rental increases after year ten, and in each option. Fifteen years remain on the base term, and there are six five-year options available for extension.
Marcus & Millichap is proud to present a Family Dollar located in Avery, Texas. The subject property is a newly developed, 8,353-square foot, freestanding building situated on approximately an acre of land. Family Dollar is operating under a triple-net lease, with a rental increases after year ten, and in each option. Fifteen years remain on the base term, and there are six five-year options available for extension. Avery is a town in Red River County, in the U.S. state of Texas. The population was 462 at the 2000 census. Every year it host the Annual Tomato Festival around the beginning of July to honor its history as one of the largest tomato producing cities in eastern Texas
Former Golden Corral Restaurant building on 2.74 acres of Interstate 10 frontage. Ample parking, high visibility from freeway with pylon signage. Great opportunity for a new Restaurant, Retail Shopping Center or Church. Prime retail location in a dense restaurant and retail area surrounded by housing. Close to USAA, HEB, South Texas Medical Center, Valero.
Price Upon Req.32,387 SF
" High identity, high quality asset which competed construction in 2005 " Strong visibility and convenient parking and access is facilitated by the strip site plan " Leased to fourteen (14) tenants including Pizza Hut, State Farm, Subway, Payless Shoe Source, among others " At 89% occupancy, there is immediate upside through the lease up of the vacant space " Net Operating Income is anticipated to increase $222,938 (38%) over the projected hold period " Shallow and efficiently sized suites are conducive to high occupancy, optimal rents and low tenant improvements costs, keeping capital expenditures to a minimum year to year " Best of Class strip center located in affluent suburb of Houston, TX " Income tax-free state (please consult your tax advisor) " Low management, highly stable asset " Established location proximate to strong retailers and a regional mall providing excellent draw to this center
Price Upon Req.188,856 SF
Auction.com and The Woodmont Company are pleased to present the opportunity to acquire North Hills Village, a 188,856 square foot retail center located in Fort Worth, Texas. The property was constructed in 1988 and is situated on a 16.366 acre site at the intersection of Northeast Loop 820 and State Highway 26 (Grapevine Highway). Current tenants include a mix of national and local tenants including Cinemark Movie Theater, Mattress Firm, Subway, RDA Beauty Supply and T-Mobile.North Hills Village is currently 34% occupied and offers a significant opportunity to increase occupancy through the recent completion of a major highway construction project and adjacent city anchored mixed-use development project that is currently under construction. The property has historically suffered from road construction/realignment of highway interchange and competition from a nearby Simon owned mall (Northeast Mall). The road construction was recently completed to double the capacity along the NE Loop 820/SH 183 corridor greatly improving traffic flows throughout the Mid-Cities region of Dallas/Fort Worth.
Single tenant absolute NNN Dollar General with new 15 year lease 3% rental increases in year 11 and 10% at option periods Four 5 year options to extend Lease guaranteed by Dollar General Corporate
Starbucks is the largest coffeehouse company in the world, with over 19,000 stores globally, including around 13,000 in the United States, followed by nearly 1,000 in Canada and more than 900 in Japan. Starbucks sells drip brewed coffee, espresso-based hot drinks, other hot and cold drinks, snacks, and items such as mugs and coffee beans. Starbucks retail stores are located in high-traffic, high-visibility locations. Its stores are located in or near a variety of settings, including downtown and suburban retail centers, office buildings and university campuses.