275 US 90
Hondo, TX
Price:
$2,250,000
Cap Rate:
6.00%
NOI:
$135,000
Building Size:
Approx. 2,225 Sq. Ft.
Lot Size:
Approx. 0.68 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2023
Investment Overview
- 2023 Construction. 2,225+/- SF Building on 0.68+/- Acre Site
- New Construction Site w/ 10 Year NN Lease w/ 10% Rental Increases Every 5 Years in Primary & Options
- Subject Property Located on the I-90 & I-173 Interchange which Sees Over 25,000 VPD
- Anchor Tenants Include H-E-B, Walmart, Tractor Supply. Other Nearby Tenants Include McDonald’s, Taco Bell, Whataburger, & More.
- Near South Texas Regional Airport and Hondo High School
- Starbucks is the Largest Specialty Coffee Retailer in the World w/ Over $32.3B in Revenue
- Hondo | 40 Miles from San Antonio | San Antonio Population: 1.53M