2501 East Broad Street
Mansfield, TX
Price:
$7,737,000
Cap Rate:
4.75%
NOI:
$367,509
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 1.71 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 4,650 +/- SF Building on 1.71+/- Acre Site
- 15-Year Corporate Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
- Signalized Hard Corner Location at Intersection of E Broad St (20,300 VPD) and Matlock Rd (10,700 VPD)
- Subject Property is Located Near the Newly Announced H-E-B Store in Mansfield
- Located Next to Several New Developments Including the Reserve Townhomes and Several Acres of Future Retail Sites
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Mansfield | Located in Tarrant County in the Dallas-Fort Worth MSA | County Population: 2,110,640+