12325 Hwy 6
 Fresno, TX 						
						
						
						
						
															
									Price: 
									
									$4,149,000								
								
								 
									
										Cap Rate: 
										
										5.00%									
									
																						
								NOI: 
								
									$207,452								
							
															
									Building Size: 
									
									Approx. 2,337 Sq. Ft.								
								
																						
									Lot Size: 
									
									Approx. 0.91 Acres								
								
																													
									Type: 
									
																		Single-Tenant / Retail								
								
																						
									Sub Category: 
									
									Convenience / Gas								
								
																						
								
									Year Built / Renovated: 								
									
									1998 / 2019								
								
													 
													
												
							Investment Overview
							
- 2019 Remodel 2,337+/- SF Building on 0.91 +/- Acre Site
 
- New 15-year NNN Lease w/ 10% Rent Bumps every 5-years
 
- Located along Teel Bend Blvd. (9,000 VPD) and State Hwy. 6 (24,000 VPD)
 
- Signalized intersection | Located along busy morning commute side
 
- Notable tenants within the area include Kroger, Shell, Petco, Chevron and many more
 
- Close proximity to 2 major schools with 2,500 + students
 
- Area features fast growth of 12.8% since 2000
 
- Above average demographics | $111,219 average household income within 3-miles
 
- Subject property has close proximity to downtown Houston| Approximately 21-miles
 
- Houston (MSA) | 5th largest city in the U.S.| Population: 6.5 million +