$1,775,000 $10,078 est/mo Sourced by Back At You

426 Metro Park Drive,McKinney, TX 75071

McKinney TX, 75071

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Description

Railhead Realty, LLC is pleased to announce the exclusive listing for a leased fee interest in a corporate signed, NNN ground lease, Enterprise Truck Rental located in Mckinney, Texas. EAN Holdings, LLC, doing business as Enterprise Truck Rental. With approximately 6.5 years left on the initial term with 4 (5 year) option periods to extend. The lease features 7.5% rental increases at the beginning of each option period, increasing NOI and hedging against inflation. With minimal owner responsibilities, this NNN is a management free passive investment. Owner responsibilities are limited to maintaining liability insurance. EAN Holdings currently operates over 7,000 Rent-A-Car locations worldwide.

Details

MLS#20601258
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1994
Days On Site83
Listing Provided ByRAILHEAD REALTY, LLC | Jacob Peoples

Features

SQ Feet7,200
Story(s)1
Units1
ZoningCommercial
Acreage1.78

Market Activity 75071

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 1 minute ago
StateTX
CountyCollin
CityMcKinney
Zip Code75071
AreaCollin
Community NameTejas Testing 15 Mckinney
Listing VS Median (in Tejas Testing 15 Mckinney)
Price:
$1,775,000
low | high
Med:
$1,775,000
50% of Average
SqFt:
7,200
low | high
Med:
7,200
50% of Average
$ / SqFt:
$247
low | high
Med:
$247
50% of Average
On Site:
83
low | high
Med:
83.000000
100% of Average
Sourced by Back At You
Listing Updated: July 20, 2024 at 12:14:17 AM PDT