About 426 Metro Park Drive
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.
Features of 426 Metro Park Drive
| MLS® # | 20601258 |
|---|---|
| Price | $1,775,000 |
| Bathrooms | 0.00 |
| Acres | 1.78 |
| Year Built | 1994 |
| Type | Commercial Sale |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 426 Metro Park Drive |
|---|---|
| Subdivision | Tejas Testing 15 Mckinney |
| City | McKinney |
| County | Collin |
| State | TX |
| Zip Code | 75071-1827 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Garages | Additional Parking, Concrete, Enclosed |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Roof | Asphalt |
|---|---|
| Construction | Concrete |
| Foundation | Slab |
Additional Information
| Zoning | Commercial |
|---|
Listing Details
| Agent | Jacob Peoples |
|---|---|
| Office | RAILHEAD REALTY, LLC |
| Contact Info | 817-441-2255 |