920 Court St Seguin, TX 78155
- Retail properties
- 2,913 SF
- 0.39 lot acres
Current Use by Public Records
- Beyond Coffee / Coffee Shop / Bakery
- Rapid Urgent Care / Urgent Care Center / Emergency Care Service
- Seguin Wellness & MedSpa / Wellness Center / Medical Spa
Property Details for 920 Court St
- Year built
- 2023
- Lot size
- 0.39 lot acres
- Property size
- 2,913 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional retail investment opportunity in Seguin, Texas, presents a 2,913 square foot, single-story, Class A building on a 0.389-acre lot. The property is 100% occupied by three tenants under a triple-net (NNN) lease structure, offering a hands-off investment experience. Built in 2023, the center features a convenient drive-thru and ample parking (14 spaces). The current leases, commencing December 31, 2023, and expiring December 30, 2040, have a remaining term of 16.1 years, with 3% annual rent bumps. The property boasts a strong net operating income (NOI) of $280,000, resulting in a 6.51% cap rate. The asking price is $4,300,000, translating to $1,476.14 per square foot. This fee-simple ownership opportunity provides a stable income stream with minimal landlord responsibilities, making it an attractive investment for discerning buyers. The tenant mix includes a synergistic blend of medical and quick-serve establishments, ensuring consistent occupancy and revenue generation. The property's prime location in Seguin, Guadalupe County, Texas, further enhances its investment appeal.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seguin
- County
- Guadalupe
- State
- Texas
- Longitude
- -97.9789
- Latitude
- 29.5694
