100 W Expy 83
La Feria, TX 78559
Price:
$11,034,550
Cap Rate:
4.00%
NOI:
$441,382
Building Size:
Approx. 4,842 Sq. Ft.
Lot Size:
Approx. 2.57 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,842+/- SF Building on 2.57+/- Acre Site
- Brand New 15 Yr Absolute NNN Corporate Lease w/ 7.5% Rent Increases
- Subject Property has 3 High Speed Diesel MPDs on Site
- 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
- Located at the Signalized Intersection of Expy 83 & N Main St (VPD 69,000+)
- Near Burger King, Whataburger, Dairy Queen, McDonald’s, & More
- Strong Income Demos w/ an est. $70,283 within a 5-Mile Radius