Triple-Net Retail
116 Arkansas Ave Bloomburg, TX 75556
116 Arkansas Ave, Bloomburg, TX, 75556
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For Sale
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Absolute 20-year triple-net lease is set to start at closing, with 1.75% annual base rent increases.
Days on Market104
Property Features for 116 Arkansas Ave
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Transwestern Houston
(817) 877-4433
Listed by
Colby Moore · License #CA 01900405
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 10:02AM Checked: Jul 22 at 10:02AM
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Investment Insights
Based on property information with market context.
This offering is an absolute triple-net investment structured for a 20-year lease term, to commence upon closing of escrow. The rent schedule calls for 1.75% annual base rent increases. The operator/corporate lease is supported by an 80+ unit guaranty.
The store has recently been remodeled, and the property is marketed as a favorable 1031 exchange option.
The lease is described as an absolute triple-net structure, with the investment terms centered on long-duration occupancy under the stated rent escalator and guaranty.
The store has recently been remodeled, and the property is marketed as a favorable 1031 exchange option.
The lease is described as an absolute triple-net structure, with the investment terms centered on long-duration occupancy under the stated rent escalator and guaranty.
Key Highlights
- Absolute 20‑year triple‑net lease scheduled to commence at closing
- 1.75% annual base rent increases
- 80+ unit operator/corporate lease guaranty
Property Analytics
Location Intelligence
Current Use by Public Records
1031 exchange properties
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FAQs
What type of property is this?
NNN property - Absolute 20-year triple-net lease is set to start at closing, with 1.75% annual base rent increases.
Where is this nnn property located?
The property is located at 116 Arkansas Ave Bloomburg, TX.
What are key features of this property?
This property features: Absolute 20‑year triple‑net lease scheduled to commence at closing; 1.75% annual base rent increases; 80+ unit operator/corporate lease guaranty