1210 E Monte Cristo Rd
Edinburg, TX
Price:
$12,011,500
Cap Rate:
5.15%
NOI:
$618,589
Building Size:
Approx. 5,000 Sq. Ft.
Lot Size:
Approx. 6.615 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 5,000+/- SF Building on 6.615+/- Acre Site
- 15-Yr Corporate Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 Years, Plus (5), 5-Yr Options to Renew
- Large Format 7-Eleven on 6.65 Acres – Featuring 8 MPDs (16 Pumps) & 7 High Speed Diesel MPDs (14 Pumps)
- Hard Corner, Signalized Site Off Monte Cristo Rd (36,199 VPD) Near the Exit/Entry Ramp of I-69C (46,000 VPD)
- Forecasted to Be One of the Top Performing 7-Elevens in the Country, & Strategically Located off I-281
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Edinburg | Top 20 Fastest-Growing Large Cities in America | Population: 102,483+