NNN Pro Group is pleased to present the exclusive listing for an Brakes Plus located at 1002 S Cedar Ridge Drive in Duncanville, Texas. The site consists of roughly 4,600 rentable square feet of building space on estimated 0.53-acre parcel of land. This Brakes Plus is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $140,870 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
✓ Long Term 20-Year Sale-Leaseback
✓ Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
