802 Tx-110, Whitehouse, TX 75791
2,546 SF | Retail Building | Whitehouse, TX 75791 | $3,545,455 ($1,393/SF) | 5.50% Cap Rate
For Sale
Active
Asking Price $3,545,455
- Property Type
-
Retail
- Square Feet
- 2,546 SF
- Price / Square Foot
- $1,393
Listing Contacts
- Property Info
Property Overview
This is the opportunity to purchase a long term absolute NNN leased 7-
Eleven in Whitehouse, Texas. The lease calls for zero landlord
obligations with 7.5% rental increases every 5 years and three, 5 year
options to renew. The site benefits being located along Texas Highway
110 with exposure to 17.000 vehicles per day and 0.4 miles from
Whitehouse Town Center Shopping Mall.
Eleven in Whitehouse, Texas. The lease calls for zero landlord
obligations with 7.5% rental increases every 5 years and three, 5 year
options to renew. The site benefits being located along Texas Highway
110 with exposure to 17.000 vehicles per day and 0.4 miles from
Whitehouse Town Center Shopping Mall.
Property Details
- Class
- C
- Year Built
- 1989
- Stories
- 1
- Property Subtype
- Service
- Lot Size (sq. ft)
- 32,234 SF
Highlights
- Absolute NNN Lease
- Zero Landlord Obligations
- Income Tax Free State
- 7-Eleven is an Investment Grade Tenant (S&P Rating “A”)
- Bonus Depreciation Benefits
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