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1509 S Broadway St
Sulphur Springs, TX 75482

Kwik Kar Absolute NNN Lease Annual Increases · Retail Property For Sale

Investment Highlights

  • New 20 Year Absolute NNN Lease
  • Strong corporate credit, +700 unit operator
  • Recession Resistant Industry
  • Annual rent increases @ the Greater of 2% or CPI, a complete hedge against inflation
  • Below replacement cost investment, hard to replace assets
  • Strong institutional lease contract

PROPERTY FACTS

Property Type
Retail
Building Size
3,000 SF
Year Built
2000
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
0.73 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000006586
Land Assessment
£161,513
Improvements Assessment
£216,293
Total Assessment
£377,806
  • Listing ID: 26329412

  • Date on Market: 05/08/2022

  • Last Updated:

  • Address: 1509 S Broadway St, Sulphur Springs, TX 75482

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