Speedfast for Sale in Highlands, TX
Highlands, TX
Key Investment Metrics
Price
$5,266,670
Cap Rate
7.5%
Net Operating Income
$395,000
Building Size
4195 SF
Land Area
0.93 Acres
Remaining Term
19.7 years
Lease Expiration
03/31/2046
Lease Term
20 years
Lease Commencement
04/01/2026
Lease Type
Absolute NNN
Year Built
2000
Tenancy
Single
Rent Increases
2% Annually
Property overview
Speedfast in Highlands
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 4,195 SF
- Land area
- 0.93 acres
- Year built
- 2000
- Lease type
- Absolute NNN
- Lease expiration
- 03/31/2046
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.