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1301 Nederland Ave
Nederland, TX 77627 Downtown Nederland

Price Upon Request

Auto Repair For Sale  •  7,055 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 7,055 SF
  • Lot Size 0.94 AC
  • Building Class B
  • Year Built 2001
  • Tenancy Single
  • Zoning C1
0 Transit Score
77 Walk Score

Highlights

Approximately 6.50 Years Remaining in the Current Lease Term
Tenant Recently Extended the Lease for an Additional 5 Years
NN Lease - Landlord Responsibilities Limited to Roof, Parking Lot, and Structure
Landlord & Tenant Are Each Responsible for 50% of the Cost Associated with Any Major Breakdowns in the HVAC System
Located 10 Miles from ExxonMobil Plant - Currently Undergoing an Expansion ($1.3 Billion) Which Will Double Crude Oil Production
Advance Auto Parts Features Strong Investment Grade Credit (BBB) by Standard & Poor's

Financial Summary (Actual)

Net Operating Income: $87,850 USD (2019)

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 7,055 SF 12/31/2021

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 53
Type: Surface
Included in Rent: Yes