2903 South General Bruce Drive
Temple, TX
Price:
$4,799,000
Cap Rate:
4.85%
NOI:
$232,750
Building Size:
Approx. 4,116 Sq. Ft.
Lot Size:
Approx. 1.25 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 4,116+/- SF Building on 1.25+/- Acre Site
- New 15-Year Abs NNN Lease with 10% Rent Bump Every 5-Years
- Located along I-35 frontage “S General Bruce Dr” & S 57th Street
- Signalized Hwy Intersection | Near Home Depot, Sam’s Club, Chipotle
- Near Baylor Scott & White / McLane Children’s Medical Center (746-Beds)
- Home to Belton Lake & Temple Bottling Company | Bordering Killeen / Fort Hood
- Fort Hood contributed $29.8 billion to the Texas Economy in 2019 – TX Comptroller
- Strong Income Demos with $64,380 within a 3-Mile Radius of the subject property
- Killeen – Tempe – Fort Hood (MSA) | Strong Population and Wage growth in TX region