Valvoline Absolute NNN Ground Lease US 77 and Marketplace Blvd, Waxahachie, TX Cap Rate 4.75% Waxahachie ( Texas, US ) Built

$1,894,736 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

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  • Type: Commercial
  • Style: Commercial
  • Size: 2,100 sq. ft.
  • Development Level: Built
  • Year Built: 2021

Description

Valvoline Absolute NNN Ground Lease US 77 and Marketplace Blvd, Waxahachie, T.X.

Cap Rate 4.75%
NOI $90,000
Building Size 2,100 sqft
Lease Type Ground

pleased to present the opportunity to acquire Valvoline in Waxahachie, Texas. The property is located off Highway 77 along the city’s main retail corridor, less than 1.5 miles from the crossroads of Interstate 35E and US Highway 287. The site sits ideally positioned to Waxahachie Marketplace, a ± 176,000 SF power center anchored by a best-in-class lineup of national tenants, who comprise 95% of the GLA. Area retailers include: Academy, TJ Maxx, Ulta, Raising Cane’s, Arby’s, Five Below, McAlister’s Deli, Lowe’s, Home Depot, Target and many more.

Currently under construction, this 15-year ground lease features 10% rental increases in every 5 years and is corporately guaranteed by Valvoline. The Valvoline site offers excellent access with the ability to stack numerous cars, and easy ingress and egress. The site is just off US 77, which sees daily traffic counts of over 26,000 cars. The lease is an absolute NNN ground lease featuring zero landlord maintenance or expense responsibilities.

HIGHLIGHTS
• New 15 Year Absolute Ground Lease
• Zero Landlord Obligations
• Scheduled Increases In Rent
• Corporately Guaranteed
• Brand New Construction
• Heavily Trafficked Location - 26,000 Vpd
• Income Tax Free State

Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
# ID de Propiedad: 358038156
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#436640931
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Information is deemed to be correct but not guaranteed.