FM356, Trinity
Price:
$1405000
Cap Rate:
6.35%
NOI:
$89,229
Building Size:
Approx. 9100 Sq. Ft.
Lot Size:
Approx. 1.26 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2015
Investment Overview
- New Construction | 9,100+/- SF Building on 1.26+/- Acre Site
- 15-Year Corporate Absolute NNN Lease beginning January 2016
- Located along North of Lake Livingston along FM 356 & Hwy 190
- Near Freedom Shores Marina & RV Resort & Whispering Pines Golf Club
- Points of Interests: Lake Livingston | Huntsville State Park | Sam Houston State University
- Major Employers: Texas Department of Criminal Justice (6,744 Empl), Sam Houston State University (2,458 Empl)
- 5-Miles Radius: Estimated 2015 Population: 3,447 | 3-Mile Average Household Income: $45,608
- Houston – Sugar Land – Baytown (MSA): 6th Largest MSA in US | Population: 5,946,800