1407 N Mechanic St
El Campo, TX
Price:
$2,276,000
Cap Rate:
6.35%
NOI:
$144,500
Building Size:
Approx. 2,365 Sq. Ft.
Lot Size:
Approx. 0.8 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2025
Investment Overview
- 2025 Construction. 2,365+/- SF Building on 0.8+/- Acre Site
- New Construction Site with 10 Year Corporate Net Lease, 10% Rental Escalation the Primary Term and (4) 5-Year Option Periods
- High Traffic Site With ±23K VPD at N Mechanic St and W Norris St, 40 Miles from Houston, TX
- Surrounded by Key Demand Drivers – El Campo Memorial Hospital (10,286 annual ED visits), El Campo ISD (3,349 students), & More
- Tourism, Healthcare, & Education-Fueled Area – El Campo is a Certified Scenic City w/ Family-Oriented Growth and Retail Demand
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World, Ranked Most Valuable Brand Globally for 8 Years
- El Campo | 40 Miles from Houston, TX | Population: 11,800+