Wells Fargo Bank | 104 N Upshaw Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Wells Fargo Bank 104 N Upshaw Blvd
4,259 SF Retail Building Robstown, TX 78380 £603,141 (£142/SF)
Investment Highlights
- NNN Lease
- Great Price, includes Drive-Thru Lanes, plenty of parking for customers
- Great Exposure Building and Location, Lot is paved
Executive Summary
Great Opportunity for Investment Building Lease to Wells Fargo Bank NNN Lease
Building Size: 4,259 SF, situated in a 0.96 Acre of Land
NNN Lease - Commencement Date on April, 2015, Initial (5) years commencing on the Term Commencement Date and expiring (5) years
thereafter.
Extensions: Starting year 2020, Tenant has Four (4) Three year options.
Tenant is currently in the 2nd Extension and paying $34,347.00/year NNN
Tenant is paying $2,862.00/ month NNN Lease
CAP RETURN ON INVESTMENT: 4.46%
POTENTIAL IN THE 4th Extension, the Rent will be $39,324.00/year - CAP Return on Investment: $5.10%
Building Size: 4,259 SF, situated in a 0.96 Acre of Land
NNN Lease - Commencement Date on April, 2015, Initial (5) years commencing on the Term Commencement Date and expiring (5) years
thereafter.
Extensions: Starting year 2020, Tenant has Four (4) Three year options.
Tenant is currently in the 2nd Extension and paying $34,347.00/year NNN
Tenant is paying $2,862.00/ month NNN Lease
CAP RETURN ON INVESTMENT: 4.46%
POTENTIAL IN THE 4th Extension, the Rent will be $39,324.00/year - CAP Return on Investment: $5.10%
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
4,259 SF
Year Built
1955
Price
£603,141
Price Per SF
£142
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
0.96 AC
Opportunity Zone
Yes
Zoning
B-3 - Central Business District
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 280697 | Improvements Assessment | £602,373 |
Land Assessment | £158,750 | Total Assessment | £761,122 |
PROPERTY TAXES
Parcel Number
280697
Land Assessment
£158,750
Improvements Assessment
£602,373
Total Assessment
£761,122
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Wells Fargo Bank | 104 N Upshaw Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.