3324 FM 365
Nederland, TX
Price:
$3323000
Cap Rate:
6.50%
NOI:
$216,000
Building Size:
Approx. 2724 Sq. Ft.
Lot Size:
Approx. 0.99 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2015
Investment Overview
- 2015 Construction. 2,724+/- SF Building on .99+/- Acre Site
- 15 Year Corporate Abs NNN Lease w/ 12+ Years Remaining
- Located along FM 365 (28K VPD), just E of U.S 96 (56K VPD)
- Across Central Mall (705,158 SF) | Near Target, SBUX, UPS
- 2-Mile Radius: Park Central Crossings | Medical Center of SE TX
- Local Attractions: Boston Ave | Le Maison de Acadiens Museum
- Major Employers: Nederland ISD | Phillpott Motors | DuPont
- Port Arthur Industry Growth: $16 Billion in industrial projects
- 3-Mile Radius: Est Day Pop: 19,503 l Avg. HH Income: $79,639