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1175 S Main St 2,473 SF Retail Building Keller, TX 76248 $2,290,000 ($926.00/SF) 5.25% Cap Rate
Investment Highlights
- Valvoline NNN property with over 9.5 years of term remaining
- DFW MSA
- Three 5 year options to renew
Executive Summary
Absolute NNN offering with guarantees from Valvoline LLC and Valvoline Inc. 10% escalations every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,473 SF
Building Class
B
Year Built/Renovated
2004/2021
Price
$2,290,000
Price Per SF
$926.00
Cap Rate
5.25%
NOI
$120,120
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.87 AC
Zoning
F1
Parking
12 Spaces (4.85 Spaces per 1,000 SF Leased)
Frontage
159’ on S Main St
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 40738957 | Improvements Assessment | $457,756 |
| Land Assessment | $377,230 | Total Assessment | $834,986 |
Property Taxes
Parcel Number
40738957
Land Assessment
$377,230
Improvements Assessment
$457,756
Total Assessment
$834,986
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1175 S Main St
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