805 I-20 Frontage Rd
Big Spring, TX
Price:
$1546000
Cap Rate:
5.50%
NOI:
$85,000
Building Size:
Approx. 1917 Sq. Ft.
Lot Size:
Approx. 0.71 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Construction. 1,917+/- SF Building on .71+/- Acre Site
- New 10-Year Corp Lease w/ 10% Rent Bumps Every 5-Yrs
- Located along I-20 (17K VPD), & Lamesa Hwy 87 (10K VPD)
- Local Attractions: Big Spring State Park | Moss Creek Lake
- Featured Filming: Midnight Cowboy | From Dusk Till Dawn
- Major Employers: Big Spring ISD | Walmart | Basic Energy Services
- 3-Mile Radius: Est 992 Busi w/ 10,844 Empl l Avg. HH Income: $57,295
- Big Spring is located 272-Miles SW of Ft Worth, 40-Miles NE of Midland