815 Hwy 96 S
Silsbee, TX
Price:
$1600000
Cap Rate:
5.50%
NOI:
$88,000
Building Size:
Approx. 2880 Sq. Ft.
Lot Size:
Approx. 0.46 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Investment Overview
- 2,880+/- SF Building on .46+/- Acre Site
- New 20 Year NNN Lease with 10% Rent Bumps Every 5 Years
- No Damage or pause in operations during Hurricane Harvey
- Located along Hwy 99 (18K VPD), just W of Hwy 96 (15K VPD)
- Adjacent to Whataburger | Near McDonalds, CVS, Sonic, Shell
- Attractions: The Big Thicker Preserve | Kirby-Hill House Museum
- Silsbee is located in Timber-Rich Harding County (#7 Producer in TX)
- Major Industries: Health Care | Finance | Construction | Paper
- 20 Miles N of Beaumont (World-Class Port & Leader in Trading)