Sale Price: $4,333,333
Lot Size: 0.67 Acres
Building Size: 4,620 SF
NOI: $195,000.00
Cap Rate: 4.50%

The Kase Group is pleased to present the opportunity to acquire a fee simple single tenant Kwik Kar in Sachse, Texas. The property consists of 4,620 square feet. Kwik Kar is subject to a new 20 year absolute NNN lease with zero landlord obligations. The lease calls for four, 5 year options to renew with annual increases of 2% or CPI, a complete hedge against inflation. This property is well situated on a major commercial thoroughfare and neighboring retailers include Walmart Neighborhood Market, 7-Eleven, Walgreens, Kroger and more.

Sachse is a city in Collin and Dallas counties in the U.S. state of Texas and is part of the DFW metroplex. An eastern suburb of Dallas, the city population was 20,329, as of the 2010 census with an estimated population of 26,046 people today. Sachse is located off Texas State Highway 78 and is approximately 1 mile north of the President George Bush Turnpike (Texas State Highway 190) and Firewheel Town Center.