Terrell, TX - In Charge Electrical

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an In Charge Electrical Services property located in Terrell, Texas. The tenant has over 3 years of remaining lease term with one (5-year) option to extend. The lease features 3.5% annual rental increases throughout the initial term and 4% annual increases during the option period. In Charge Electrical Services has 19+ locations across Texas, South Carolina, Arizona,
and Florida.

The subject property is strategically positioned in a primary industrial corridor with major tenants including Walmart, AutoZone, Whitmore, Madix, and many others. The immediate area features national/credit tenants including The Home Depot, Academy, Texas Roadhouse, Olive Garden, Chick-fil-A, Raising Cane’s, and many others. Furthermore, the subject property is adjacent to Terrell Municipal Airport, a public airport offering commercial and private aviation.

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Listing ID: a28TP000003bW8rYAE