Jiffy Lube Princeton, TX

570 W Princeton Dr
Princeton, TX

Price: $3,433,000
Cap Rate: 5.45%
NOI: $187,093
Building Size: Approx. 4,024 Sq. Ft.
Lot Size: Approx. 0.85 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,024+/- SF Building on 0.85+/- Acre Site
  • 15-Year Abs NNN Lease with 10% Rent Bump Every 5-Years
  • Located along Highway 380 and Waterview Drive
  • Great location, Right Across from Walmart Super Center
  • Near Wendy’s, 7-Eleven, Panda Express, Starbucks, Dollar General
  • Collins County is the Fastest growing County in the State
  • Princeton’s Unemployment Rate is Well Below National Average
  • Princeton  I  33 miles from Dallas CBD  I  Population Increase by 60% every decade