East Boulevard & E X St
Deer Park, TX
Price:
$6,711,800
Cap Rate:
4.25%
NOI:
$285,250
Building Size:
Approx. 4,842 Sq. Ft.
Lot Size:
Approx. 1.62 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2021
Investment Overview
- 2021 Construction. 4,842+/- SF Building on 1.62+/- Acre Site
- Brand New 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases
- Excellent Hard Corner Location at East Blvd. & E X St. Just Off Pasadena Fwy (64K VPD)
- Approved 8 MPDs on Site – Likely Will Qualify for 100% Bonus Depreciation
- Near Walmart, Advance Auto Parts, Dollar General, Chevron, Walgreens, Jack in the Box
- Strong Income Demos w. Est. $129,004 Within a 1-Mile Radius
- Deer Park | Birthplace of Texas | Population: 33,000+