Tom Thumb - Net Lease Property for Sale
Waxahachie, TX
Key Investment Metrics
Price
$19,387,500
Cap Rate
5.0%
Net Operating Income
$969,375
Building Size
58750 SF
Lot Size
58,750 SF
Land Area
6.76 Acres
Remaining Term
18.8 years
Lease Expiration
09/29/2044
Lease Term
20 years
Lease Commencement
09/30/2024
Lease Type
NN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
5% Every 5 Years; 10/1/2029
About This Tom Thumb Net Lease Property
This Tom Thumb NNN (triple net lease) property is located in Waxahachie, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 58750 square feet of building space and was built in 2024.
With a cap rate of 5.0%, this Tom Thumb net lease property offers stable income potential. The asking price is $19,387,500, making it an attractive option for 1031 exchange investors seeking quality Tom Thumb commercial properties.
Why Invest in Tom Thumb NNN Properties?
- Stable Income: Tom Thumb net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Tom Thumb 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.
Waxahachie, TX Market Overview
Located in Waxahachie, TX, this Tom Thumb property benefits from strong local demographics and market fundamentals. The Waxahachie area offers excellent visibility and accessibility, making it an ideal location for Tom Thumb operations and a solid investment for net lease property buyers.