100 Louise Ritter Drive
Red Oak, TX
Price:
$3941000
Cap Rate:
4.75%
NOI:
$187,205
Building Size:
Approx. 3061 Sq. Ft.
Lot Size:
Approx. 1.18 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2018
Investment Overview
- 2018 Construction. 3,061+/- SF Building on 1.18+/- Acre Site
- Located along Central Blvd (12K VPD), just E of I-35 (95K VPD)
- Adjacent to TX State Tech School & Red Oak HS (2K Student)
- Red Oak experiencing Boom in Resi, Comm, & Eco growth
- Located in Ellis County, expected population to grow 200%
- 3-Miles: Est Pop 22,467 | 1-Miles Avg HH Income: $90,209
- Red Oak is located 18-Miles South of Downtown Dallas, TX