1103 West Main Street
La Porte, TX
Price:
$7,106,000
Cap Rate:
4.50%
NOI:
$319,760
Building Size:
Approx. 4,842 Sq. Ft.
Lot Size:
Approx. 1.01 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 4,842+/- SF Building on 1.01+/- Acre Site
- Brand New 15-Year Corp. Absolute NNN Lease w/ Rare 10% Rent Increase Every 5 Yrs
- Strategically Located Along Texas State Highway 146 (157,849 VPD)
- Near Kroger, Dollar Tree, Goodwill, Whataburger, Walgreens, AutoZone
- Industries in La Porte Served by More Than 130 Trucking Lines
- Strong Income Demos with $97,819 within a 3-mile Radius
- La Porte | 35 Miles East of Downtown Houston | Population: 35,000+