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2167 E Garrison St
Eagle Pass, TX 78852
Sherwin-Williams (5 Yr Option Exercised) · Commerce de détail Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Long Term Occupancy of 20+ Years – Sherwin Williams Has Extended on Three Separate Occasions, Most Recently Exercising a 5 Year Renewal in 2023
- Passive Double Net Lease Structure – Landlord Responsibilities Limited to Roof (Metal), Structure and Parking Lot
- Very Strong Performing Location – According to Placer.ai, the Subject Site Ranks in the Upper 89th Percentile Nationally for Customer Visits
- Inflation Hedge – Scheduled 10% Rental Increases at Each of Two 5-Year Options Remaining
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is proud to offer fee simple ownership of the Sherwin Williams property located along East Garrison Street in Eagle Pass, TX. Sherwin Williams has continuously operated at this location for 20+ years and recently exercised a 5-year option with the scheduled rental increase. The lease expires September 30th, 2028, and offers 10% rent increases at each of the remaining two 5-year options. Operating on a passive double net lease structure, the landlord benefits from passive management and responsibilities limited to the metal roof, structural elements of the building and parking lot maintenance. The subject property ranks as one of the most trafficked Sherwin Williams locations nationwide, ranking in the upper 89th percentile for customer visits per Placer.ai.
The subject property is conveniently situated between South Bibb Avenue (27,034 VPD) and E Garrison Street (16,136 VPD) providing customers with easy access for those traveling North/South or East/West. Sherwin Williams sits in the main retail corridor of Eagle Pass, directly across from Mall de las Aguilas, which draws 2.5 million customer visits annually according to Placer.ai and is the epicenter of retail shopping for the region. Major retailers drawing consumer demand to the immediate trade area include H-E-B, Walmart, Kohl’s, Burlington, JC Penney, Hibbett Sports, Marshalls, Planet Fitness and Lowe’s.
The subject property is conveniently situated between South Bibb Avenue (27,034 VPD) and E Garrison Street (16,136 VPD) providing customers with easy access for those traveling North/South or East/West. Sherwin Williams sits in the main retail corridor of Eagle Pass, directly across from Mall de las Aguilas, which draws 2.5 million customer visits annually according to Placer.ai and is the epicenter of retail shopping for the region. Major retailers drawing consumer demand to the immediate trade area include H-E-B, Walmart, Kohl’s, Burlington, JC Penney, Hibbett Sports, Marshalls, Planet Fitness and Lowe’s.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
7 039 pi²
Année de construction
2003
Prix
2 279 562 $ CAD
Prix par pi²
323,85 $ CAD
Taux de capitalisation
6%
Revenu net d’exploitation
136 746 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,25
Taille du lot
0,64 AC
Zone de développement économique
Oui
Impôts fonciers
| Numéro de lot | 4945 | Évaluation des bâtiments | 429 237 $ CAD |
| Évaluation du terrain | 473 520 $ CAD | Évaluation totale | 902 758 $ CAD |
Impôts fonciers
Numéro de lot
4945
Évaluation du terrain
473 520 $ CAD
Évaluation des bâtiments
429 237 $ CAD
Évaluation totale
902 758 $ CAD
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