4006 CTR ST

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4006 CTR ST

DEER PARK, TX 77536-6110
Asking Price
$2.75M
Asset Type
Convenience Store Retail
Class
Class B

What's Special

New 20 Year Absolute NNN Lease | 40 Years of Potential Remaining Lease Term <p>For more information contact:</p><p> Ned Skinner - nskinner@anchorpointcapital.com</p><p> Jacob Sparks - jsparks@anchorpointcapital.com</p><p></p><p><strong>Excellent Single Tenant Investment Opportunity</strong></p><ul><li>​New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term</li><li>​Strong Lease Guaranty; Contact broker for details</li><li>​Fee Simple; Land and Building Ownership</li><li>​Qualifies for Bonus Depreciation (Consult with Your Tax Professional)</li><li>​2

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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,595.179
Annual Cash Flow
$-83,142.15

Location & Travel Times