Verizon Lockhart, TX

1712 South Colorado Street
Lockhart, TX

Price: $943,459
Cap Rate: 6.25%
NOI: $58,966
Building Size: Approx. 1,843 Sq. Ft.
Lot Size: Approx. 0.57 Acres
Type: Single-Tenant / Retail
Sub Category: Retailer
Year Built: 2003

Investment Overview

  • 2003 Construction. 1,843+/- SF Building on 0.57+/- Acre Site
  • Open and Operating  |  3+ Years Remaining on Original 5 Year Absolute NNN Lease
  • Excellent Signalized, Hard Corner Location at the Intersection of County Rd 220 & S Colorado St (22K VPD)
  • Shadow-Anchored by Walmart Supercenter and Near Whataburger, Family Dollar, Dollar Tree, & More
  • Lockhart is Located Within the Austin MSA, One of the Largest MSAs in Texas
  • Verizon (S&P BBB+) is a Quickly Growing Tenant and Reported Over $136B in Revenue in 2022
  • Lockhart |  Barbecue Capital of Texas  |  Population: 14,500+

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