101 E Monte Cristo Rd
Edinburg, TX
Price:
$2,525,000
Cap Rate:
5.15%
NOI:
$130,000
Building Size:
Approx. 2,824 Sq. Ft.
Lot Size:
Approx. 1.3 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2024
Investment Overview
- 2025 Construction. 2,824+/- SF Building on 1.30+/- Acre Site
- Brand New Construction, 20-Year Ground Lease with 8% Rental Increases Every 5 Years
- Hard Corner, Signalized Site Off Monte Cristo Rd (20,000+ VPD), Near the Exit/Entry Ramp of I-69C (57,500+ VPD)
- Located in a High Performing Retail Trade Area Surrounded by: McDonald’s, Whataburger, Wingstop, Jack in the Box, CVS, & more.
- Located Less Than 2 Miles from The University of Texas Rio Grande Valley (34,343 Students & ~2,000 Staff Members)
- Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
- Edinburg | 12th Fastest Growing City in the Country | Population: 107,495+