24103 Southwest Fwy
Rosenberg, TX
Price:
$1,034,000
Cap Rate:
9.00%
NOI:
$93,024
Building Size:
Approx. 7,159 Sq. Ft.
Lot Size:
Approx. 1.6 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2015
Investment Overview
- 2015 Construction. 7,159+/- SF Building on 1.60+/- Acre Site
- 25-Year Absolute NNN Leasehold Commenced in 2016. Includes Rent Increases of 12-15% throughout Primary Term & Options
- Large Pad Site Located at Entrance of Brazos Town Center – 2nd Most Visited Power Center in Texas (15.2M Visitors/Yr.)
- Excellent Traffic Counts Located on Interstate 69/Hwy 59 (75,600+ VPD)
- Anchored by Kroger, Academy Sports + Outdoors, & JCPenney and Across the Street from H-E-B, Target, & The Home Depot
- Located in the Houston MSA, the 4th Largest City in the U.S. and a Global Commerce Hub
- Rosenberg | Located in the Houston, TX MSA – Largest City in Texas | Houston MSA Population: 7.7M+