1800 County Rd 427A
Cleburne, TX
Price:
$1403000
Cap Rate:
6.10%
NOI:
$85,552
Building Size:
Approx. 9100 Sq. Ft.
Lot Size:
Approx. 1.06 Acres
Sub Category:
Dollar Store
Year Built:
2018
Investment Overview
- 2018 Construction. 9,100+/- SF Building on 1.06+/- Acre Site
- New 15 Year Corporate Abs NNN Lease beginning Sept 2018
- Located along FM 4 (5K VPD), 3-Miles East of Downtown
- Subject property will benefit as the only variety store nearby
- Attractions: The Depot Cleburne Station | Cleburne State Park
- Local Economy: Mining |Quarrying | Oil | Gas | Healthcare
- La Mordena, Mexico’s largest pasta manuf. invested $50M
- Cleburne is growing thanks to the new Chisholm Trail Pkwy
- Small town-feel with great quality of life & lower cost of living
- 3-Mile Radius: 2018 Pop: 8,472 l Avg HH Income: $68,444
- 30-Miles S of Downtown Ft. Worth & 49-Miles SW of Dallas