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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2057 Fm 2657 Copperas Cove, TX 76522

15,500 SF 2.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 15,500-square-foot auto shop in Copperas Cove, Texas, situated on a 2.5-acre lot at 2057 FM 2657, zip code 76522. The property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $265,000 annually. A brand new 20-year absolute triple-net (NNN) lease is in place upon closing, ensuring minimal landlord responsibilities. The lease includes attractive 2.00% annual rental increases and four, 5-year renewal options, extending the potential lease term to 40 years. The tenant, Main Street Auto, a rapidly expanding automotive repair chain with approximately 70 existing locations and plans for 100 by the end of 2024, provides a strong corporate guarantee. The asking price is $3,785,714, translating to a price per square foot of $244.24. The property is currently operating at 100% occupancy, offering immediate and substantial returns. This is a rare opportunity to acquire a high-performing, long-term net lease investment with significant upside potential in a growing market. The property's location in Lampasas County provides excellent access and visibility. This is a turnkey investment ideal for passive income seekers.

Property profile
Verified
Property type Retail properties & Spaces
Total area 15,500 SF
Lot 2.5 ac (108,900 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Texas Discount Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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