US 90, TX
Price:
$1,916,667
Cap Rate:
6.00%
NOI:
$115,000
Building Size:
Approx. 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+