2430 FM 663
Midlothian, TX
Price:
$3,135,000
Cap Rate:
5.00%
NOI:
$156,748
Building Size:
Approx. 3,062 Sq. Ft.
Lot Size:
Approx. 1.01 Acres
Sub Category:
Convenience / Gas
Year Built:
2018
Investment Overview
- 2018 Construction. 3,062+/- SF Building on 1.01+/- Acre Site
- 15 Year NNN Corp Lease w/ 10% Rent Bumps After Year 10
- Located along FM 663 (19K VPD), Just S of U.S 287 (41K VPD)
- Caddy-corner to Master Planned Lawson Farms (600+ Homes)
- Adjacent to: Kroger Marketplace, Chick-fil-A, Burkes Outlet, Petco
- Midlothian Towne Crossings (53-Acres) | 835+ More Homes Underway
- 1-Mile Southwest of Navarro College @ Midlothian (1,141 Enrollment)
- Midlothian is part of the DFW MSA – Leading the U.S in Pop Growth
- DFW is thriving w/ Co.’s like American Airlines, AT&T, Exxon Mobil
- Local Attractions: Six Flags, AA Center, AT&T Stadium, Joe Pool Lake
- 3-Miles Avg HH Income: $106,617 | 30-Miles S of Dallas & Fort Worth
- Dallas/Fort Worth (MSA) | 4TH Largest in the U.S | Population: 7 Million+