$1,775,000
426 Metro Park Drive Mckinney, TX 75071
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$1,775,000
Est. payment /mo
1.78 Acres Lot
Active
426 Metro Park Drive Mckinney, TX 75071
UPDATED:
05/05/2024 06:08 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Tejas Testing 15 Mckinney
MLS Listing ID 20601258
Total Fin. Sqft 7200
Year Built 1994
Annual Tax Amount $30,846
Lot Size 1.776 Acres
Acres 1.776
Property 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.
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.
Location
State TX
County Collin
Zoning Commercial
Direction GPS works great.
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Concrete
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Asphalt
Parking Type Additional Parking, Concrete, Enclosed
Garage No
Building
Foundation Slab
Structure Type Concrete
Others
Ownership See Tax
©2024 North Texas Real Estate Information Systems.
Listed by Jacob Peoples • RAILHEAD REALTY, LLC
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