SEC East Tyler Street & Coleman Street | Athens, TX 75751
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- LoopNet Team
SEC East Tyler Street & Coleman Street
Athens, TX 75751
Chili's Grill & Bar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New Construction - projected opening date October 20, 2022
- 4, 5-Year Renewal Options - 10% base rent increase each option period
- 10-Year Ground Lease with built in rental escalations - 10% base rent increase in 2027
- Low Cost, Low Responsibility Property - tenant maintains Property through lease term
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,707 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.61 AC
Zoning
PD-2/R
Parking
72 Spaces (15.3 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 4035-0000-0010-01 | Improvements Assessment | $878,527 |
| Land Assessment | $404,240 | Total Assessment | $1,282,767 |
PROPERTY TAXES
Parcel Number
4035-0000-0010-01
Land Assessment
$404,240
Improvements Assessment
$878,527
Total Assessment
$1,282,767
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