3509 4Th St Taylor, TX 76574
This exceptional investment opportunity presents a fee-simple ownership of a 13,151 square-foot auto shop in Taylor, Texas. The property, situated on a 3.98-acre lot at 3509 E 4th St, boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $271,604. The property is currently under a 20-year triple-net (NNN) lease with Main Street Auto, a rapidly expanding automotive repair chain with approximately 70 locations and plans for significant future growth. The lease, commencing upon closing, includes a corporate guarantee and features annual rent increases of 2.00%, ensuring consistent income growth. Built in 1997 and renovated in 2001, the building offers a well-maintained space for the tenant's operations. The $3,880,050 asking price translates to a price per square foot of $295.04, reflecting the property's strong tenant, long-term lease, and attractive financial performance. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term growth potential in a thriving market. The property's location in Williamson County, Texas, offers excellent access to major transportation routes and a growing customer base. This NNN lease structure minimizes landlord responsibilities, making it an ideal investment for passive income seekers. The combination of a strong tenant, long-term lease, and built-in rent increases makes this a compelling investment opportunity with significant upside potential.
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City Auto Service 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.