4524 South Ware Road
McAllen, TX
Price:
$5,417,000
Cap Rate:
4.35%
NOI:
$235,657
Building Size:
Approx. 4,971 Sq. Ft.
Lot Size:
Approx. 1.204 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2005
Investment Overview
- 2005 Construction. 4,971+/- SF Building on 1.204+/- Acre Site
- New 15 Yr Corp Absolute NNN Lease w/ 7.5% Rent Increases
- Ideal 1031 Replacement Property Qualifying for Bonus Depreciation
- Near Target, Petco, Office Depot, T.J. Maxx, ROSS Dress for Less, Hobby Lobby
- Cost of Living in McAllen is 16.2% Lower Than the National Average
- McAllen Ranks in Top 10 List of Safest Cities in America