400 West Main Street
Fabens, TX
Price:
$1718000
Cap Rate:
6.30%
NOI:
$108,195
Building Size:
Approx. 10640 Sq. Ft.
Lot Size:
Approx. 1.32 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2017
Investment Overview
- 2017 Built. 10,640+/- SF Building on 1.32+/- Acre Site
- New 15 Year Corp Abs NNN Lease began April 2017
- Located along Main Street & Alameda Avenue (8K VPD)
- Near 7-Eleven, AutoZone, ACE, Subway, O’Reilly, McDonalds
- Fabens is an Agriculture Community located in El Paso County
- Fabens cost of living is 25.60% lower than the national average
- 7-Miles NE of Cattleman’s Steakhouse @ Indian Cliffs Ranch
- 2-Miles N of the US-Mexican Border | 32-Miles SE of El Paso
- 32-Miles SE Downtown El Paso & El Paso International Airport
- Major Industries: Defense (Fort Bliss) | Education (UTEP)
- 3-Miles: Estimated 2018 Pop: 7,617 l Avg HH Income: $35,572
- EL Paso – Las Cruces (CSA) | GDP: $35.55 Billion | Pop: 1,053,267