402 N Bryant Blvd
San Angelo, TX
Price:
$1,383,333
Cap Rate:
6.00%
NOI:
$83,000
Building Size:
Approx. 570 Sq. Ft.
Lot Size:
Approx. 0.47 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2023
Investment Overview
- 2023 Construction. 570+/- SF Building on 0.47+/- Acre Site
- 15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5-Years, Plus (5) 5-Year Options to Renew
- Located on N Bryant Blvd (31,000+ VPD), Right Off US-67/W Houston Harte Expy (34,100+ VPD)
- Adjacent to Central High School, the Biggest HS in San Angelo & Less Than 0.5 Miles from Downtown San Angelo
- Only 1.5 Miles from Angelo State University – A Public University With Over 10,775 Students
- Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
- San Angelo | Part of the West Texas Ranching Country | Population: 99,112+