881 TX-393 Loop
Goodrich, TX
Price:
$1424000
Cap Rate:
6.35%
NOI:
$90,422
Building Size:
Approx. 9100 Sq. Ft.
Lot Size:
Approx. 1.4 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2016
Investment Overview
- New Construction | 9,100+/- SF Building on 1.40+/- Acre Site
- 15-Year, Corporate Absolute NNN Lease began August 2016
- Located along Loop 393, just west of Hwy 59 (22,000 VPD)
- Near Lake Livingston, U.S Post office, Goodrich High School
- Major Employers: Livingston ISD (614 Empl), Walmart (480 Empl)
- Local Attractions: Sam Houston National Forest | Lake Livingston State Park
- 8-Miles SW of Pedigo Park (3,000+ Attn.) | 46-Miles E of SHSU (16,000 Enrol.)
- Goodrich is located 70-Mile N of Houston| 5-Mile Avg. HH Income: $57,220
- Houston – Sugar Land – Baytown (MSA): 6th Largest MSA in US | Pop: 5,946,800