For Sale
$4,300,000
920 Court St Seguin, TX 78155
High-Yield NNN Investment, 100% Occupied
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- $4,300,000 asking price for a 2,913 SF retail property in Seguin, TX.
- Triple-net (NNN) leased, 100% occupied by three credit-rated tenants.
- 16.1 years remaining lease term (commencing 12/31/2023, expiring 12/30/2040) with 3% annual rent bumps.
- Brand new (2023) construction featuring a drive-thru, offering a 6.51% cap rate and $280,000 annual net operating income (NOI).
Property Details for 920 Court St
- Property type
- Retail properties, Retail space
- Square Feet
- 2,913 SF
- Class
- A
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 16,945 SF
- Units
- 3
Location Insight
- City
- Seguin
- County
- Guadalupe
- State
- Texas
- Latitude
- 29.56937249
- Longitude
- -97.97886942
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield NNN Investment, 100% Occupied
- Where is the retail property located?
- The property is located at 920 Court St Seguin, TX.
- What is the asking price?
- The asking price for this property is $4,300,000.
- What are key features of this property?
- This property features: $4,300,000 asking price for a 2,913 SF retail property in Seguin, TX.; Triple-net (NNN) leased, 100% occupied by three credit-rated tenants.; 16.1 years remaining lease term (commencing 12/31/2023, expiring 12/30/2040) with 3% annual rent bumps.
- How can I contact the broker?
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