991 S
TX-78, Lavon
Price:
$3,668,000
Cap Rate:
4.75%
NOI:
$174,200
Building Size:
Approx. 3,010 Sq. Ft.
Lot Size:
Approx. 1.11 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2019
Investment Overview
- 2019 Construction. 3,010+/- SF Building on 1.11+/- Acre Site
- New 15-Year Corporate Lease with 10% Rent Bumps Every 5-Years
- Signalized Intersection Located Along TX-78, 27K VDP
- Near Sonic, Subway, Dollar General, Domino’s, Independent Bank
- Collin County Population reached 1 Million+ in 2019
- Dallas-FW was Ranked #2 for “Fastest Growing Economy” by Forbes in 2019
- Lavon | Adjacent to the DFW Metroplex | ~30 Miles From Dallas
- Sold as Portfolio Along w/ Locations in Grand Prairie & Conroe, TX