564 State Hwy 21
Caldwell, TX
Price:
$8,271,000
Cap Rate:
5.25%
NOI:
$434,209
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 2.87 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2024
Investment Overview
- 2024 Construction. 4,650+/- SF Building on 2.87+/- Acre Site
- Brand New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
- Large Format 7-Eleven – Large 2.87 Acre Parcel, features a Diesel Fuel Terminal, 41 Parking Spaces, & 8 MPDs
- Ideally Situated at Intersection of Caldwell’s Two Major Highways: State Highway 36 (11,100+ VPD) & East Highway 21 (19,300+ VPD)
- In the College Station MSA, Home to Texas A&M University, the 3rd Largest University in the Nation (68,000+ Students)
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
- Caldwell | 20 Miles from College Station, TX | MSA Population: 269,418+