FreshStop - Net Lease Property for Sale
Lancaster, TX
Key Investment Metrics
Price
$3,400,000
Cap Rate
7.5%
Net Operating Income
$255,000
Building Size
1692 SF
Lot Size
1,692 SF
Land Area
0.5 Acres
Remaining Term
20 years
Lease Term
20 years
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
1967
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years and in Options
About This FreshStop Net Lease Property
This FreshStop NNN (triple net lease) property is located in Lancaster, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 1692 square feet of building space and was built in 1967.
With a cap rate of 7.5%, this FreshStop net lease property offers stable income potential. The asking price is $3,400,000, making it an attractive option for 1031 exchange investors seeking quality FreshStop commercial properties.
Why Invest in FreshStop NNN Properties?
- Stable Income: FreshStop net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: FreshStop 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.
Lancaster, TX Market Overview
Located in Lancaster, TX, this FreshStop property benefits from strong local demographics and market fundamentals. The Lancaster area offers excellent visibility and accessibility, making it an ideal location for FreshStop operations and a solid investment for net lease property buyers.