4912 Main St | The Colony, TX 75056
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- LoopNet Team
4912 Main St
The Colony, TX 75056
Kwik Kar Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20 Year Absolute NNN Lease
- Below replacement cost investment, hard to replace assets
- Strong corporate credit, +700 unit operator
- Annual rent increases @ the Greater of 2% or CPI, a complete hedge against inflation
- Recession Resistant Industry
- Exceptional Site-Level Performance: the subject unit is among the top performing units in the FSA system, boasting rent coverage of 2.4x
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,928 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.46 AC
Zoning
F1 - Commercial
Parking
10 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
95’ on Main St
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | R153699 | Improvements Assessment | $546,120 |
| Land Assessment | $503,880 | Total Assessment | $1,050,000 |
PROPERTY TAXES
Parcel Number
R153699
Land Assessment
$503,880
Improvements Assessment
$546,120
Total Assessment
$1,050,000
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