400 W McDermott Dr | Allen, TX 75013
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400 W McDermott Dr
Allen, TX 75013
Kwik Kar NNN Lease - Annual Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20 Year Absolute NNN Lease
- Below replacement cost investment, hard to replace assets
- Strong institutional lease contract
- Annual rent increases @ the Greater of 2% or CPI, a complete hedge against inflation
- Strong corporate credit, +700 unit operator
- Dallas Metro (income tax free state)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,508 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.35 AC
Zoning
C1
Parking
14 Spaces (5.58 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | R-3278-000-001A-1 | Improvements Assessment | $428,588 |
| Land Assessment | $250,619 | Total Assessment | $679,207 |
PROPERTY TAXES
Parcel Number
R-3278-000-001A-1
Land Assessment
$250,619
Improvements Assessment
$428,588
Total Assessment
$679,207
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