2002 N Main St
Cleburne, TX
Price:
$2,291,500
Cap Rate:
5.15%
NOI:
$118,000
Building Size:
Approx. 2,824 Sq. Ft.
Lot Size:
Approx. 1.08 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2024
Investment Overview
- 2024 Construction. 2,824+/- SF Building on 1.08+/- Acre Site
- 20-Year Corporate Absolute NNN Ground Lease w/ 8% Rental Increases Every 5 Years, In Primary Term & Option Periods
- Large Format Store | 16 Fueling Positions with 8 Pumps That Sit on an Oversized Parcel of 1.08 Acres.
- Strategically Located on the Main Retail Corridor That Sees over 25,000 VPD and Is Pad Site to a High Performing Lowe’s Home Improvement.
- Located in Close Proximity to Fort Worth, Which Is Currently the #1 Fastest-Growing Large City in the U.S., and Dallas, Ranked #1 in the Country for Total Job Growth.
- Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
- Cleburne | Ranked #4 ‘Best Cities to Relocate to in America| Population: 33,826+