907 South Alamo Road
Alamo, TX
Price:
$6,111,000
Cap Rate:
5.15%
NOI:
$314,669
Building Size:
Approx. 4,754 Sq. Ft.
Lot Size:
Approx. 1.78 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2025 Construction. 4,824+/- SF Building on 1.862+/- Acre Site
- New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years in both the Primary Term and Option Periods
- High-Performing Retail Corridor Anchored by Walmart and H-E-B – At Intersection of S Alamo Rd & Ridge Rd (23,802+ Combined VPD)
- Near Several Schools Including: South Texas College (31,000 students) & University of Texas Rio Grande Valley (32,419 Students)
- Close Proximity to Many Major Regional Demand Drivers in the McAllen–Edinburg–Mission MSA
- 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
- Alamo | McAllen–Edinburg–Mission MSA – Top-Growth South Texas Market | Population: 21,000+