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LoanStar Title Loans | Nederland, TX 2924 Highway 365 3,550 SF Retail Building Nederland, TX 77627 $1,017,200 ($286.54/SF) 6.25% Cap Rate
Investment Highlights
- LOANSTAR TITLE LOANS is a financial services company specializing in short-term title loans.
- LOCATED IN DOMINANT RETAIL CORRIDOR
- EXCELLENT SITE-LEVEL VISIBILITY
- LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE
- CORPORATE GUARANTEE FROM SELECT MANAGEMENT RESOURCES
Executive Summary
PRICING: $1,017,200
CAP RATE: 6.25%
NOI: $63,574
LEASE TERM: 18+ YEARS
INCREASES: 3% ANNUALLY
CAP RATE: 6.25%
NOI: $63,574
LEASE TERM: 18+ YEARS
INCREASES: 3% ANNUALLY
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,550 SF
Building Class
C
Year Built
1993
Price
$1,017,200
Price Per SF
$286.54
Cap Rate
6.25%
NOI
$63,574
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.53 AC
Zoning
F1 - Commercial
Parking
17 Spaces (4.79 Spaces per 1,000 SF Leased)
Frontage
92’ on Farm to Market Road 365
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- LoanStar Title Loans
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| LoanStar Title Loans | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (70)
Nearby Major Retailers
CommunityBank of Texas
Property Taxes
| Parcel Number | 028951-000-019200-00000 | Improvements Assessment | $345,539 |
| Land Assessment | $244,834 | Total Assessment | $590,373 |
Property Taxes
Parcel Number
028951-000-019200-00000
Land Assessment
$244,834
Improvements Assessment
$345,539
Total Assessment
$590,373
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LoanStar Title Loans | Nederland, TX | 2924 Highway 365
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