Alamo, TX
Price:
$2,381,000
Cap Rate:
5.25%
NOI:
$125,000
Building Size:
Approx. 2,824 Sq. Ft.
Lot Size:
Approx. 1.25 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2025
Investment Overview
- 2025 Construction. 1.25+/- Acre Site
- Brand New 20-Year Ground Lease With 8% Rental Increases Every 5 Years, Plus (4) 5-Year Options to Renew
- Signalized Hard Corner Location at FM 495 & Alamo Road, Just North of IH-2/US-83 (80,000+VPD)
- High-Performing Retail Corridor Anchored by Walmart and H-E-B
- Near Regional Demand Drivers – UTRGV (35,800+ Students), South Texas College (32,000+ Students), Doctors Hospital at Renaissance (530 Beds)
- Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $20.244B in Revenue Across 1,750+ Locations
- Alamo | McAllen–Edinburg–Mission MSA – Top-Growth South Texas Market | Population: 21,000+