2002 State Hwy 105
Navasota, TX
Price:
$2,612,500
Cap Rate:
6.00%
NOI:
$156,750
Building Size:
Approx. 2,365 Sq. Ft.
Lot Size:
Approx. 0.689 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2024
Investment Overview
- 2024 Construction. 2,365+/- SF Building on 0.689+/- Acre Site
- New Construction Site with 10 Year Net Lease, 10% Rental Escalation the Primary Term and (4) 5-Year Option Periods
- Drive-Thru Format: Features a Drive-Thru, Catering to Both Locals and Commuters, Offering Convenience and Efficiency
- Situated Along State Highway 105 E, a Major East-West Corridor, this Site Benefits From High Visibility & Traffic Flow (16k+ VPD)
- Nearby Tenants Include: Jack in the Box, Stripes, Shell, NAPA, Ford, & more.
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World, Ranked Most Valuable Brand Globally for 8 Years
- Navasota | 70 Mi. NW of Houston & 30 Mi. S of College Station | Population: 7,843+