570 W Princeton Dr
Princeton, TX
Price:
$3,433,000
Cap Rate:
5.45%
NOI:
$187,093
Building Size:
Approx. 4,024 Sq. Ft.
Lot Size:
Approx. 0.85 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2020
Investment Overview
- 2020 Construction. 4,024+/- SF Building on 0.85+/- Acre Site
- 15-Year Abs NNN Lease with 10% Rent Bump Every 5-Years
- Located along Highway 380 and Waterview Drive
- Great location, Right Across from Walmart Super Center
- Near Wendy’s, 7-Eleven, Panda Express, Starbucks, Dollar General
- Collins County is the Fastest growing County in the State
- Princeton’s Unemployment Rate is Well Below National Average
- Princeton I 33 miles from Dallas CBD I Population Increase by 60% every decade