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411 NW 2nd St
Kerens, TX 75144
C-Store · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Attractive Brand New 20 Year Triple Net (NNN) Lease
  • 3 MPDs and 6 Pumps
  • Seller Will Provide ALTA Survey, Title Commitments and Clean Environmentals
  • 2% Annual Rent Increases to Hedge Against Inflation
  • Guarantor: 70 Unit Operator
  • Property Immediately Qualifies For Accelerated Depreciation

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,500 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.55 AC
Zoning
C
Parking
10 Spaces (5.44 Spaces per 1,000 SF Leased)
Frontage
194’ on Northwest 2nd Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31557
Land Assessment
$55,930
Improvements Assessment
$341,790
Total Assessment
$397,720
  • Listing ID: 25869972

  • Date on Market: 6/7/2022

  • Last Updated:

  • Address: 411 NW 2nd St, Kerens, TX 75144

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