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426 Metro Park Drive
McKinney TX 75071 US

$1,775,000

Active Listing ID 20601258
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Lot: 1.78 Acres
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Industrial

$1,775,000

Active Listing ID 20601258
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426 Metro Park Drive Railhead Realty, LLC is pleased to announce the exclusive listing for a leased fee interest in a corporate signed, single tenant, NNN ground lease, Enterprise Truck Rental located in Mckinney, Texas. The tenant, 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 landlord responsibilities, this NNN is a management free passive investment. Landlord responsibilities are limited to maintaining liability insurance. The tenant has the ongoing right to terminate the lease any time after the 24 month of lease term, subject to a 90-day notice to landlord. EAN Holdings currently operates over 7, 000 Rent-A-Car locations worldwide.

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Property Features

  • Facts
  • Lot Size: 1.78 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Industrial
  • Features
  • Floor Covering: Carpet, Concrete
  • Roof Type: Asphalt
  • Heating Fuels: Central Furnace

Property

  • propertytype: Commercial Sale
  • propertysubtype: Industrial
  • listprice: 1775000
  • unparsedaddress: 426 Metro Park Drive
  • postalcity: McKinney
  • stateorprovince: TX
  • country: US
  • postalcode: 75071
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.776
  • lotsizeunits: Acres
  • lotsizearea: 1.776
  • livingareaunits: Square Feet
  • latitude: 33.213042
  • longitude: -96.60816
  • listagentfullname: Jacob Peoples
  • listagentemail: peoplesrei@gmail.com
  • listagentkey: 3yd-NTREIS-0702974
  • listagentmlsid: 0702974
  • listagentpreferredphone: 8175975940
  • listagentofficephone: 8174412255
  • listofficekey: 3yd-NTREIS-RRRE01WF
  • listagentstatelicense: 0702974
  • listofficemlsid: RRRE01WF
  • disclaimer: Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1994
  • countyorparish: Collin
  • parcelnumber: R307400100101
  • constructionmaterials: Concrete
  • flooring: Carpet, Concrete
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.60816, 33.213042
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "Taxes":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/NTREIS/20601258/?channel=rexren", "LeadRoutingEmail":"peoplesrei@gmail.com", "BrokerName":"RAILHEAD REALTY, LLC", "ListingTitle":"Industrial - McKinney, TX", "ListOfficeBrokerMlsId":"0583786", "ListOfficeEmail":"ron@railheadrealty.com", "ListOfficeAddress1":"5189 E Ih-20 Service Rd N Suite 106", "ListOfficeAddress2":null, "ListOfficeCity":"Willow Park", "ListOfficePostalCode":"76008", "ListOfficeStateOrProvince":"TX", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"RAILHEAD REALTY, LLC", "ListBrokeragePhone":"(817) 441-2255", "ListBrokerageEmail":null, "ListBrokerageWebsiteUrl":null, "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"5600 E Ih-20 Service Rd S", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Willow Park", "ListBrokerageStateOrProvince":"TX", "ListBrokeragePostalCode":null, "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-29T13:59:29Z"}
Listing Changed: 4/29/2024 7:58:28 PM GMT
Source Updated Date: 5/17/2024 6:56:28 AM GMT

Courtesy of: Jacob Peoples, RAILHEAD REALTY, LLC, peoplesrei@gmail.com

Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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