NWC I-10E & John Martin Rd, Baytown
Price:
$3,620,000
Cap Rate:
3.50%
NOI:
$126,700
Building Size:
Approx. 5,199 Sq. Ft.
Lot Size:
Approx. 1.4 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2021
Investment Overview
- 2021 Construction. 5,199+/- SF Building on 1.4+/- Acre Site
- Brand New 15-Yr Absolute NNN Ground Lease with (6) 5 Yr Options to Renew
- Located Right Off I-10 (78K VPD) at the Intersection w/ John Martin Rd (8K VPD)
- Near JC Penny, Macy’s, Big Lots, Kroger, Dollar General, Michaels, Kohl’s, Shoe Carnival
- Strong Income Demo’s in Surrounding Area w/ $83,577 Within a 3-Mile Radius
- Baytown | Houston – Sugar Land – Baytown MSA | Population: 76,000+