3990 Twin City Highway
Groves, TX
Price:
$2,577,500
Cap Rate:
4.40%
NOI:
$125,000
Building Size:
Approx. 2,124 Sq. Ft.
Lot Size:
Approx. 0.73 Acres
Type:
Single-Tenant / Retail
Sub Category:
Fast Casual
Year Built:
2022
Investment Overview
- 2022 Construction. 2,124+/- SF Building on 0.73+/- Acre Site
- Brand New 10 Yr Corporate Net Lease w/ Minimal Landlord Responsibilities
- First Development of a ±7.5 Acre Master Development | Opens April 28th, 2022
- Near H-E-B, Walmart Supercenter, Chick-fil-A, CVS, McDonald’s, & More
- Strong Income Demographics w/ est. $67,592 within a 5-Mile Radius
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Groves | Jefferson County | Beaumont-Port Arthur MSA | Population: 392,563