200 W Commerce St
Brownwood, TX
Price:
$7745000
Cap Rate:
5.25%
NOI:
$406,593
Building Size:
Approx. 14820 Sq. Ft.
Lot Size:
Approx. 1.62 Acres
Type:
Single-Tenant / Retail
Sub Category:
Pharmacy
Year Built:
2008
Investment Overview
- 14,820+/- SF Building on 1.62+/- Acre Site | 24 Hour Location
- Initial 75-Year, Corporate NNN Lease w/ 18+ Yrs firm term remaining
- Located at along W Commerce St ”Hwy 84” (25,000 VPD) & Hwy 377 (20,000 VPD)
- Across Walmart SC | Near Home Depot, O’Reilly, Firestone, Chili’s, & Whataburger
- Major Employers: Kohler (1,025 Empl.), BRMC (580 Empl.), 3M Co. (550 Empl.), Brownwood ISD (498 Empl)
- 3-Mile 2015 estimated population: 17,279 | 5-Mile Average Household Income: $50,823
- Brownwood is centrally located in the State of Texas | 135-Miles NW of Austin, 120-Miles SW of Ft. Worth