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Marcus & Millichap Sells Retail Building Leased To Tractor Supply Co. In Nixon, Texas
SOLD
+ 1
Texas
See Similar DealsRetail23,957 SF
Sold 10/17/2024
SOLD
Marcus & Millichap Sells Retail Building Leased To Tractor Supply Co. In Nixon, Texas
1106 East 2nd Street
See Similar DealsRetail23,957 SF
Sold 10/17/2024
+ 1
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:23,957 SF
Transaction Type:Sale
A retail building located at 1106 East 2nd Street in Nixon, Texas, totaling 23,957 square feet, has been sold. The property occupies 4.4 acres and is leased to Tractor Supply Co. under a 15-year corporate-guaranteed lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1106 East 2nd Street
- Market: Nixon
- Square Footage: 23,957
- Acres: 4.4
- Seller: A limited liability company
- Brokers: Chris Lind, Mark Ruble, Tim Speck, and Zack House - Marcus & Millichap
The transaction was facilitated by the brokerage Marcus & Millichap, with Zack House, Mark Ruble, and Chris Lind representing the seller. Tim Speck played a role in the successful closing of the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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