1003 N Sycamore St
Fort Stockton, TX
Price:
$995,000
Cap Rate:
8.44%
NOI:
$84,000
Building Size:
Approx. 4,000 Sq. Ft.
Lot Size:
Approx. 0.65 Acres
Type:
Multi-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Construction. 4,000+/- SF Building on 0.65+/- Acre Site. Two-Tenant Building.
- Net Lease Structures Including Domino’s Pizza 10-Year Net Lease with 10% Increases with One, 5-Year Option to Renew
- Anchored by a Walmart Supercenter: Only One for Over 85 Miles and is a Main Retail Traffic Driver as it Sees Over 850,000 Visitors Per Year
- Located Right off of Interstate 10, Longest Stretch of the Highway within a Single State
- Renewable Energy & Bitcoin: Heavy Investment from Large Bitcoin Mining & Energy Storage Companies in Fort Stockton
- Global Leader in Pizza Delivery and Carryout – Domino’s Pizza Operates 20,590+ Stores Globally, Reporting $18.9B in Sales as of 2024
- Fort Stockton | One of Richest Cities in the US at Providing Solar & Wind Energy.| Population: 7,994+