2126 N Josey Ln - 20-Year STNL | Large Parcel | Land & Building
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2126 N Josey Ln - 20-Year STNL | Large Parcel | Land & Building
3,961 SF Speciality Building Offered at £4,257,235 at a 6.90% Net Initial Yield in Carrollton, TX 75006
Investment Highlights
- New Long-Term 20-Year Absolute NNN Lease at Close of Escrow
- Strong National Tenant Presence at Intersection - Desirable Retail Corridor
- Surrounded by Community Anchors | Excellent Demographics
- Prominent Location at 50,000+ Car Per Day Intersection - 1.35 Acre Parcel
- Excellent Retail Synergy with Numerous Daily Needs Businesses
- Fee Simple - Land & Building - Depreciable Asset
Executive Summary
New Long-Term 20-Year Absolute NNN Lease at Close of Escrow
- Multi-State Express Car Wash Operator Washing Millions of Cars Every Year
- 43 Locations Across Texas, California, Nevada & Arizona
- Monthly Wash Members Provide Predictable Recurring Revenue
- Long-Term Lease with 1.5% Annual Increases
- Tenant Responsible for All Expenses - Zero Landlord Responsibilities
- Multi-State Express Car Wash Operator Washing Millions of Cars Every Year
- 43 Locations Across Texas, California, Nevada & Arizona
- Monthly Wash Members Provide Predictable Recurring Revenue
- Long-Term Lease with 1.5% Annual Increases
- Tenant Responsible for All Expenses - Zero Landlord Responsibilities
Property Facts
| Price | £4,257,235 | Building Class | C |
| Price Per SF | £1,075 | Lot Size | 1.35 AC |
| Sale Type | Investment | Building Size | 3,961 SF |
| Net Initial Yield | 6.90% | Number of Floors | 1 |
| Property Type | Speciality | Year Built/Renovated | 2006/2016 |
| Property Subtype | Car Wash | Parking Ratio | 2.52/1,000 SF |
| Price | £4,257,235 |
| Price Per SF | £1,075 |
| Sale Type | Investment |
| Net Initial Yield | 6.90% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.35 AC |
| Building Size | 3,961 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 2006/2016 |
| Parking Ratio | 2.52/1,000 SF |
Walk Score ®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 14089660015R10000 | Improvements Assessment | £685,716 |
| Land Assessment | £265,515 | Total Assessment | £951,232 |
PROPERTY TAXES
Parcel Number
14089660015R10000
Land Assessment
£265,515
Improvements Assessment
£685,716
Total Assessment
£951,232
zoning
| Zoning Code | Z140 (Local Retail -1) |
| Z140 (Local Retail -1) |
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2126 N Josey Ln - 20-Year STNL | Large Parcel | Land & Building
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