2057 Fm 2657 Copperas Cove, TX 76522
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.
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Texas Discount Automotive Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.