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Home Depot Garland TX – US REALTY Co.

Home Depot Garland TX - 130 W State St, Garland, TX 75040, USA

Home Depot Garland TX

130 W State St, Garland, TX 75040, USA
$ 6,200,000.00
Cap Rate: 7.5 %
Status: Available

Details

Asking Price: $ 6,200,000.00
  • Property Type: Retail
  • Year built: 2001
  • Square Footage: 8000 sq ft
  • Occupancy (%): 90
  • Parking (spaces): 24
  • Lease Type: NNN
  • Lease Term (Years): 5
  • Cap Rate (%): 7.5
  • Renewal Options: 4 x 5yrs
  • Rental Increases: Fixed

Marketing Description

USRealty Co is pleased to present a rare Absolute NNN Ground Lease opportunity that is leased to The Home Depot (S&P Rated A Investment Grad Credit – NYSE: HD). This is an extremely rare property located in the Texas Garland and unlike anything else on the market. The offering is 100% fee simple interest, including 4 (5) year options to renew the lease. There are scheduled increases of approximately 7.5% every 5 years at each renewal option.

  • Corporate Guarantee
  • Located on a Major Commercial Thoroughfare
  • Scheduled Increases
  • Zero Landlord Obligations

View Similar Investment Opportunities

USRealty Co, specializing in absolute triple net lease opportunities

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Agent

Agent profile image

Kevin W. Williams

damirgasparlin@hotmail.com

Tenant Overview

  • Tenant: White Oak Station LLC

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