108 West Nolana Loop
Pharr, TX
Price:
$2,175,500
Cap Rate:
5.25%
NOI:
$114,200
Building Size:
Approx. 2,105 Sq. Ft.
Lot Size:
Approx. 0.71 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2022
Investment Overview
- 2022 Construction. 2,105+/- SF Building on 0.71+/- Acre Site
- New Construction 10 Year Net Lease w/ 8.5% Rental Increases Every 5 Years
- High-Traffic Location Along Nolana Loop (29K VPD), Just off of I-69C (122K VPD)
- The Rio Grande Valley is One of the Fastest Growing Regions in Texas
- Strong Income Demographics w/ est. $72,922 within a 1-Mile Radius
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Pharr | Part of the Rio Grande Valley | RGV Population: 1.4M+
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