5900 South 1-35 W
Alvarado, TX
Price:
$1894000
Cap Rate:
5.15%
NOI:
$97,500
Building Size:
Approx. 2100 Sq. Ft.
Lot Size:
Approx. 0.84 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Build. 2,100+/- SF Building on .84+/- Acre Site
- New 10-Yr Corp Lease w/ 10% Rent Bumps Every 5-Yrs
- Located along I-35 (39K VPD), just S of U.S 67 (27K VPD)
- Adjacent QuikTrip | Near CVS, McDonalds, Multiple Hotels
- Near Alvarado HS (1K+ Enroll) | The Sabre Tubular (200 Empl)
- Attractions: Alvarado Park Lake (507-Acres) | M7 Arena Rodeo
- 3-Mile Radius: 2017 Pop: 7,587 l 3-Mile Avg. HH Income: $64,140
- Alvarado has small town charm with proximity to big city amenities
- Starbucks is located 26-Miles S of Fort Worth & 39-Miles S of Dallas