Penitas, TX
Price:
$2,182,000
Cap Rate:
3.85%
NOI:
$84,000
Building Size:
Approx. 3,700 Sq. Ft.
Lot Size:
Approx. 1.33 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2026
Investment Overview
- 2026 Construction. 3,700+/- SF Building on 1.33+/- Acre Site; OPPORTUNITY ZONE
- Brand New 20-Year Corporate Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years and (8) 5-Year Renewal Options
- Prime Location within Liberty Corners Retail Center – Direct Frontage on US-83, a Rapidly Growing Retail Corridor Shadow-Anchored by Walmart & Home Depot
- Directly Adjacent to Future Penitas Crossing – 58-AC Master-Planned Retail Center w/ Burlington, Ross, Marshalls, Five Below, LongHorn, & Olive Garden
- Penitas, TX is Rapidly Transforming into a Regional Retail Destination Fueled by Millions in Investment from Major National Retailers
- Tenant Strength: McDonald’s USA, LLC, BBB S&P, is the World’s Most Valuable Restaurant Brand with $40.5B in 2025 Revenue
- Penitas, TX | Part of McAllen-Edinburg-Mission MSA: Emerging as a Powerhouse in Cross-Border Commerce | MSA Population: 1M+