6024 N Cage Blvd
Pharr, TX
Price:
$6,299,000
Cap Rate:
4.35%
NOI:
$274,000
Building Size:
Approx. 4,842 Sq. Ft.
Lot Size:
Approx. 1.742 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,842+/- SF Building on 1.74+/- Acre Site
- Brand New 15 Year Corporate Abs. NNN Lease w/ 10% Rental Increases Every 5 Years
- Large Format 7-Eleven includes a Laredo Taco Restaurant, 34 Parking Spaces, & 10 Gas MPDs
- Hard Corner Location at the Signalized Intersection off of Interstate 69C (95K VPD)
- Subject Property Less than 1 Mile from Bert Ogden Arena (Largest Indoor Venue in Deep South Texas)
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Rio Grande Valley | Global Leader in Economic Development | Population: 1.4 Million+