Brookshire Brothers for Sale in Timpson, TX
Timpson, TX
Key Investment Metrics
Price
$672,255
Cap Rate
7.0%
Net Operating Income
$47,058
Building Size
14427 SF
Land Area
1.7 Acres
Remaining Term
4.8 years
Lease Expiration
04/26/2031
Lease Term
32.3 years
Lease Commencement
01/15/1999
Lease Type
NNN
Tenant Credit
Corporate Guarantee
Year Built
1978
Tenancy
Single
Rent Increases
No
Property overview
Brookshire Brothers in Timpson
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 14,427 SF
- Land area
- 1.7 acres
- Year built
- 1978
- Lease type
- NNN
- Lease expiration
- 04/26/2031
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.