Address
426 Metro Park Drive, McKinney, TX
Price
$ 1,775,000
Property Attributes
- MLS#20601258
- TypeCommercial
- CountyCOLLIN
- CityMcKinney
- NeighborhoodTejas Testing 15 Mckinney
- Zip75071
- StyleIndustrial
- Year Built1994
- Taxes$ 30846
- Price$ 1,775,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.776 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.
| Price History | |
|---|---|
| 4/29/2024 | Listed $1,775,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | City Sewer,City Water |
| Ceiling Height | 11 to 14 Feet |
| Possession | Closing/Funding |
| Roof | Asphalt |
| Exclusions | Tenants equipment and furnishings. |
| Year Built | 1994 |
| Tenant Pays | All Utilities |
| Business Type | Auto Rent/Lease |
| Unexempt Taxes | 30846 |
| Building Use | Automotive |
| Will Subdivide | No |
| Gross Annual Expenses | 600.00 |
| Property SubType | Industrial |
| Subdivision Name | Tejas Testing 15 Mckinney |
| Zoning Description | Commercial |
| County | Collin |
| Property Type | Commercial Sale |
| Construction Materials | Concrete |
| Year Built Details | Preowned |
| Status | Active |
| Directions | GPS works great. |
| City | McKinney |
| Buyer Agent Compensation | 2.00 |
| Street Name | Metro Park |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20601258 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Concrete |
|---|---|
| Total Stories | 1 |
| Total Units | 1 |
| SQFT Gross | 7200 |
| Lock Box Type | None |
| Street Suffix | Drive |
Exterior Features
| Lot Size Source | Public Records |
|---|---|
| Parking Features | Additional Parking,Concrete,Enclosed |
| Lot Size | 1 to < 3 Acres |
| Foundation | Slab |
| Lot Size Area | 1.7760 |
| Lot Size Units | Acres |
| Building Area Total | 7200.00 |
| Lot Size Square Feet | 77362.5600 |
| Lot Size Acres | 1.7760 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75071
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
