4507 East US Highway 83
Rio Grande City, TX
Price:
$6,400,000
Cap Rate:
4.00%
NOI:
$256,000
Building Size:
Approx. 4,690 Sq. Ft.
Lot Size:
Approx. 1.22 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,690+/- SF Building on 1.22+/- Acre Site
- New 15 Yr Corp Absolute NNN Lease w/ RARE 7.5% Rent Increases
- 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
- Located at the Signalized Intersection of Redwood St. & U.S. Hwy 83 (32K VPD)
- Near Walmart, HEB Grocery, Chick-fil-A, Starbucks, McDonald’s, & More
- Strong Income Demos w/ an est. $45,884 within a 5-Mile Radius
- Rio Grande City | Starr County | McAllen-Edinburg-Mission MSA