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Locals Automotive Repair – Union Park 26763 University dr 4,400 SF Retail Building Aubrey, TX 76227 $4,719,528 ($1,072.62/SF) 5.85% Cap Rate
Investment Highlights
- 20 Year Absolute Net Lease
- Proximity to major arterials and rapidly developing commercial corridor
- Positioned on E. University Drive with excellent visibility and high traffic counts
Executive Summary
New Development
Fee Simple
20 Year Primary Term
Absolute NNN
1.5% Annual Rent Increases
Fee Simple
20 Year Primary Term
Absolute NNN
1.5% Annual Rent Increases
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,400 SF
Building Class
B
Year Built
2026
Price
$4,719,528
Price Per SF
$1,072.62
Cap Rate
5.85%
NOI
$276,092
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.28 AC
Frontage
211’ on East University Drive
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R38840 | Improvements Assessment | $0 |
| Land Assessment | $2,244,732 | Total Assessment | $2,244,732 |
Property Taxes
Parcel Number
R38840
Land Assessment
$2,244,732
Improvements Assessment
$0
Total Assessment
$2,244,732
Contacts
-
Matthew Kivnani -
Jeffrey Aron -
Evan Dyer -
Sandy Aron -
Hunington Properties, Inc.
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Locals Automotive Repair – Union Park | 26763 University dr
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