515 E Commerce St
Brownwood, TX
Price:
$1,683,333
Cap Rate:
6.00%
NOI:
$101,000
Building Size:
Approx. 510 Sq. Ft.
Lot Size:
Approx. 1.021 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2025
Investment Overview
- 2025 Construction. 510+/- SF Building on 1.021+/- Acre Site
- Brand New 15-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years in the Primary Term and Options
- Prime Signalized Corner Along E. Commerce Street With 17,180 VPD | Less than One Mile from Business Highway 377
- Established Trade Corridor Surrounded by Walmart Supercenter, The Home Depot, Hobby Lobby, and H-E-B
- Proximity to Major Demand Drivers: Howard Payne University (721 Students), Hendrick Medical Center Brownwood (188 Beds; 190 Employees), & More
- 7 Brew – Nation’s Fastest-Growing Drive-Thru Coffee Concept w/ 420+ Locations Across 34 States
- Brownwood | Central Texas Hub for Retail, Education, and Infrastructure Investment | Population: 18,000+