9205 E US Hwy 377
Cresson, TX
Price:
$1,712,500
Cap Rate:
6.00%
NOI:
$102,739
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.82 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2020
Investment Overview
- 2020 Construction. 9,100+/- SF Building on 1.82+/- Acre Site
- New 15-Year Corp Abs NNN Lease w/ 10% Rent Bump in Options
- Located along U.S. Highway 377 (22K VPD), just south of TX-171
- Cresson is community located 25-Miles SW of downtown Ft. Worth
- Strong Income Demographics with $135,244 within a 5-Mile Radius
- Local Attraction: Motorsport Ranch | Benbrook Lake | Lake Granbury
- Dallas – Fort Worth (MSA) | Largest Growth in the U.S. | Pop: 7,573,136+