SiteOne-Tenanted Retail
6412 Sydney Road, Whitehouse, TX 75791
For Sale
Contact for pricing
SiteOne Landscape Supply occupies the property under a long-term lease with limited landlord responsibilities.
Property Size10,500 SF
Price / SF$457.55
Days on Market28
Property Features for 6412 Sydney Road
General Information
Standard status
Size
Property subtype
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Sands Investment Group Austin
Listed By:
Austin Marsh · License TX #734360
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group Austin
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 10,500-square-foot retail property is occupied by SiteOne Landscape Supply. Its lease has a long-term term and assigns minimal responsibilities to the landlord.
Annual rent escalations are set at 3%, providing for scheduled increases over the lease term.
Annual rent escalations are set at 3%, providing for scheduled increases over the lease term.
Key Highlights
- 10,500 SF retail property occupied by SiteOne Landscape Supply
- Long‑term lease with minimal landlord responsibilities
- Annual rent escalations of 3%
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,393
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,827,860
$2.8M
Cap Rate 7%
$2,019,900
$2.0M
Cap Rate 9%
$1,571,033
$1.6M
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$214.2K $20.40/SF
− Vacancy
−$12.2K −$1.16/SF
EGI
$202.0K $19.24/SF
− OpEx
−$60.6K −$5.77/SF
NOI
$141.4K $13.47/SF
Area
Smith County, TX
Vacancy
5.70%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,827,860
Cap Rate 7%
$2,019,900
Cap Rate 9%
$1,571,033
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.36M
NOI $141,393 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.69M
$2.35M – $3.14M
NOI $188,304 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Tractor Supply Co.
Home Improvements & Furnishings
14,619 visits/mo
0.2 miles
Demographics for 75791, TX
14,255
Population
5,758
Households
2.5
Avg Household Size
37
Median Age
32%
College-Educated
94%
High-School Grad
39.4 sq mi
ZIP Area
362
Density / Sq Mi
$76,154
Median Household Income
$45,491
Median Earnings
$1,420
Median Rent
$231,900
Median Home Value
Market
Average Price Trend$/SF for Retail space in Smith County, TX
Properties on Market for Retail space in Smith County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - SiteOne Landscape Supply occupies the property under a long-term lease with limited landlord responsibilities.
Where is this retail space located?
The property is located at 6412 Sydney Road Whitehouse, TX.
What is the asking price?
The asking price for this property is $4,804,267.
What are key features of this property?
This property features: 10,500 SF retail property occupied by SiteOne Landscape Supply; Long‑term lease with minimal landlord responsibilities; Annual rent escalations of 3%
