1665 US 377 Hwy | Roanoke, TX 76262
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- LoopNet Team
1665 US 377 Hwy
Roanoke, TX 76262
Brakes Plus - Abs NNN 20 YR Sale-Leaseback · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute Triple-Net (NNN) Lease
- Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States
- Affluent Trade Area with Average Household Income Exceeding $176,000 within a 5-Mile Radius
- 5% Rental Increases Every Five Years with Multiple Renewal Options
- Brakes Plus Operates 169+ Locations Across 6 States
- Rapidly Growing Trade Area - Households and Population Projected to Increase 8% in the Surrounding Area by 2029
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,600 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.03 AC
Frontage
265’ on North U.S. Highway 377
PROPERTY TAXES
| Parcel Number | R989486 | Improvements Assessment | $1,182,394 |
| Land Assessment | $1,343,390 | Total Assessment | $2,525,784 |
PROPERTY TAXES
Parcel Number
R989486
Land Assessment
$1,343,390
Improvements Assessment
$1,182,394
Total Assessment
$2,525,784
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