2nd Mile Line & North Shary Road
Mission, TX
Price:
$7,412,000
Cap Rate:
5.10%
NOI:
$378,000
Building Size:
Approx. 4,842 Sq. Ft.
Lot Size:
Approx. 2.11 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 4,842+/- SF Building on 2.11+/- Acre Site
- Brand New 15-Yr Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 Years, and (4) 5-Yr Options
- Hard Corner Signalized Site Off Shary Rd (38,552+ VPD) & 2 Mile Rd (27,060+ VPD). Subject Property Features 8 MPDS & 16 Pumps
- Outstanding Demographics With a 5-Mile Population Over 230,000 and an Average HH Income Over $82,000
- 15 Minutes from South Texas College with an Enrollment of Over 25,000 Students
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Mission | One of the Fastest Growing MSAs in the Country | Population: 83,567