Offering Memorandum
Investment Highlights
- 17+ YEARS REMAINING ON ABSOLUTE TRIPLE NET (NNN) LEASE
- CORPORATE GUARANTEED BACKED BY OVER 900 UNITS
- ESSENTIAL BUSINESS THAT IS INTERNET AND RECESSION RESISTANT
- LOCATED IN DOMINANT RETAIL CORRIDOR WITH HIGH VISIBILITY AND EASY ENTRY AND EGRESS
- ALLEN, TEXAS IS A MAJOR SUBURB OF DALLAS WITH A POPULATION OF OVER 99,000
- Price: $2,912,000
- Lot Size: 0.94
- Cap Rate: 5.30%
- Lease Type: Absolute Triple Net (NNN)
- Year Built: 2017
- Building SF: 4,935
- Status: Sold
- Guarantor: Corporate