Crash Champions - Net Lease Property for Sale
Spring, TX
Key Investment Metrics
Price
$5,422,000
Cap Rate
6.5%
Net Operating Income
$352,378
Building Size
13831 SF
Lot Size
13,831 SF
Land Area
1.47 Acres
Remaining Term
13 years
Lease Expiration
06/30/2038
Lease Term
18.1 years
Lease Commencement
06/15/2020
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2020
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every Five Years
About This Crash Champions Net Lease Property
This Crash Champions NNN (triple net lease) property is located in Spring, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 13831 square feet of building space and was built in 2020.
With a cap rate of 6.5%, this Crash Champions net lease property offers stable income potential. The asking price is $5,422,000, making it an attractive option for 1031 exchange investors seeking quality Crash Champions commercial properties.
Why Invest in Crash Champions NNN Properties?
- Stable Income: Crash Champions net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Crash Champions is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Spring, TX Market Overview
Located in Spring, TX, this Crash Champions property benefits from strong local demographics and market fundamentals. The Spring area offers excellent visibility and accessibility, making it an ideal location for Crash Champions operations and a solid investment for net lease property buyers.