$1,775,000
Active
22 Days Online
0 Beds0 Baths7,200 SQFT
Active

426 Metro Park Drive Mckinney, TX 75071

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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 initial 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.

  • Property TypeCommercial
  • NeighborhoodTejas Testing 15 Mckinney
  • CountyCollin
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site21 Days
  • MLS StatusActive
  • MLS ID Number20601258
  • Home Size Source Owner
  • Year Built1994
  • Lot Size1.776 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Concrete
  • Parking Additional ParkingConcreteEnclosed
  • Number of Stories 1
  • Acreage 1.776
  • Zoning Commercial
  • Property Sub Type Industrial
  • Foundation Slab
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Flooring CarpetConcrete

Exterior Features

  • Roof Asphalt
  • Waterfront Property No

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Monthly Payment (Est.)

$9,476
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