NWC of Hwy 83 Feeder and N Bridge Ave, Weslaco
Price:
$2,622,000
Cap Rate:
4.50%
NOI:
$118,000
Building Size:
Approx. 2,100 Sq. Ft.
Lot Size:
Approx. 0.67 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2021
Investment Overview
- 2021 Construction. 2,100+/- SF Building on 0.67+/- Acre Site
- Brand New 10 Yr Corporate Net Lease w/ Minimal Landlord Responsibility
- 7% Rental Increases Every 5 Yrs in Primary Term & All Option Periods
- Excellent Location Just off of Expressway 83 (112K VPD)
- Near Walmart Supercenter, The Home Depot, Office Depot, Petco, Lowe’s
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Weslaco | Est. 40 Million Visitors per Year | Population: 40,000+