
Description
Fully leased to Joe Hudson's Collision Center. Joe Hudson's has 251 locations across 18 states. Lease expires in 2034. Rare 3.5% annual escalations. Landlord responsibilities limited to structure and roof. 5.589% cap rate on 2025 rents, 6.438% cap rate over average lease rate. 8,400 SF building on 2.3 acres. Visibility from Hwy 6. Access from feeder rd and city street along the rear of the property. Incredible tenant in one of the most desirable markets in Texas . Owner/Broker
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0BEDS
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2.32ACRES
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0BATHS
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01/2 BATHS
Description
Fully leased to Joe Hudson's Collision Center. Joe Hudson's has 251 locations across 18 states. Lease expires in 2034. Rare 3.5% annual escalations. Landlord responsibilities limited to structure and roof. 5.589% cap rate on 2025 rents, 6.438% cap rate over average lease rate. 8,400 SF building on 2.3 acres. Visibility from Hwy 6. Access from feeder rd and city street along the rear of the property. Incredible tenant in one of the most desirable markets in Texas . Owner/Broker
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