6819 TX-16 Spur

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6819 TX-16 Spur

El Paso, TX 79932
Asking Price
Contact for price
Asset Type
Auto Shop Retail
Class
Class B

What's Special

Qualifies for 100% Bonus/Accelerated Depreciation | 5.85% CAP | 1,438 SqFt <ul><li>​<span style="color: rgba(0, 30, 69, 1)">Brand New 15-Year Absolute Triple-Net (NNN) Lease</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">10 Percent Rental Increases Every Five Years with Multiple Renewal Options</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Corporate Guaranty by Over 24 Unit Franchisee</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Dense Trade Area in El Paso - 102,591 Residents within a Five-Mile Radius</span></li><li>​<span style="color: rg

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times