Advance Auto Parts US 90, TX

US 90, TX

Price: $1,916,667
Cap Rate: 6.00%
NOI: $115,000
Building Size: Approx. 6,889 Sq. Ft.
Lot Size: Approx. 1.77 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2022

Investment Overview

  • 2023 Construction. 6,889+/- SF Building on 1.77+/- Acre Site
  • 15-Year Abs. NNN Corporate Lease w/ 5% Rent Bump in Year 10 & 10% Every 5 Years in Option Periods
  • Strategically Located on the I-90 & I-173 Interchange Which Sees Over 25,000 VPD
  • Dense Retail Corridor w/ Nearby Tenants of H-E-B, Walmart, Tractor Supply, McDonald’s, Taco Bell, Whataburger, & More.
  • Near South Texas Regional Airport, Hondo High School, and a Newly Developed Starbucks
  • Advance Auto Parts is America’s Largest Automotive Aftermarket Parts Provider w/ a Revenue of $16B & Over 6,700 Stores Nationwide
  • Hondo  |  40 Miles Outside of San Antonio, TX |  San Antonio Population: 1.53M+