1626 West Church Street
Livingston, TX
Price:
$2,600,000
Cap Rate:
4.50%
NOI:
$117,000
Building Size:
Approx. 2,058 Sq. Ft.
Lot Size:
Approx. 0.65 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2021
Investment Overview
- 2021 Construction. 2,058+/- SF Building on 0.65+/- Acre Site
- New 10 Yr Net Lease w/ Starbucks Corp. & No Early Termination Clause
- Featured Property Includes a Drive Thru & 10% Rental Increases Every 5 Yrs
- Excellent Hwy Location Near Intersection of US Hwy 190 & US-59 (26K VPD)
- Near Walmart Supercenter, Hibbett Sports, Dollar Tree, Tractor Supply Co, H-E-B
- Minimal Landlord Responsibilities | New Roof Warranty
- Livingston | Home to 2nd Largest Lake in Texas | 1 Mile Avg, HH Income: $102,491
Resources