$1,775,000
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426 Metro Park Drive McKinney, TX 75071
Industrial
Residence
Beds
Baths
7,200
Sq. Ft.
1.78
Acre
Lot
Property Activity
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Railhead Realty, LLC is pleased to announce the exclusive listing for a leased fee interest in a corporate signed, NNN ground lease, Enterprise Truck Rental located in Mckinney, Texas. EAN Holdings, LLC, doing business as Enterprise Truck Rental. With approximately 6.5 years left on the init...ial term with 4 (5 year) option periods to extend. The lease features 7.5% rental increases at the beginning of each option period, increasing NOI and hedging against inflation. With minimal owner responsibilities, this NNN is a management free passive investment. Owner responsibilities are limited to maintaining liability insurance. EAN Holdings currently operates over 7,000 Rent-A-Car locations worldwide.
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MLS#
20601258
Property Type
Industrial
Year Built
1994
Square Feet
7,200
sq. ft
Lot Size
1.78
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