1809 South FM 646
League City, TX 77539
Price:
$6,651,000
Cap Rate:
4.50%
NOI:
$299,272
Building Size:
Approx. 4,580 Sq. Ft.
Lot Size:
Approx. 1.148 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 4,580+/- SF Building on 1.148+/- Acre Site
- Brand New 15-Year Corp. Absolute NNN Lease w/ 7.5% Rent Increase Every 5 Yrs
- Strategically Located Just Off Interstate 45 (136,740 VPD)
- Near H-E-B, Target, Michael’s, T.J. Maxx, Chick-fil-A, Starbucks
- Population in League City Doubled Over the Last 15 Years
- Strong Income Demos with $110,952 within a 1-mile Radius
- League City | 26 Miles from Downtown Houston | Population: 98,000+