- Below Market Rents – At an Average Base Rental Rate of Only $17.14/Sf, the Offering Presents a Major Upside Opportunity Through Gradual Rental Escalations to Meet the Market Rate of ~$22.00–$24.00/Sf
- H-E-B Proximity – Located Less Than a Block SW of H-E-B, the Site Benefits From It’s Proximity to One of the Largest and Most Successful Grocer Chains
- Long-Term Tenant Retention – The Site Benefits From Its Stability w/ 50% of the Rent Roll (TitleMax) Occupying Their Space for 10+ Yrs, and the Other Half (Armstrong McCall) for 7+ Yrs.
- Gross Lease Structure – An Investor Can Realize Additional Upside Through the Eventual Conversion (or Replacement) of Armstrong McCall From a Gross to a NNN Lease Structure.
- High-Traffic Location – Positioned Directly off W. 7th St., the Site Benefits From Exposure to 25,000+ VPD.
- Priced Below Replacement Cost – At an Asking Price of Just $242/Sf.
- Recent Roof Replacement – The Roof Was Replaced in 2019 With TPO Material That Includes a 15-Yr Warranty.
Tenancy Type: Single-Tenant
7-Eleven w/ Laredo Taco
- 2022 Construction. 4,650+/- SF Building on 2.644+/- Acre Site
- New 15-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years
- Large Format 7-Eleven Travel Center – New Store Includes a Laredo Taco, 50 ft LED Illuminated Pylon Sign With 224 SF of Surface Area, 8 MPDs, 3 High Speed Diesel Lanes, 38 Parking Spaces, and 7 Semi-truck Parking Spaces.
- Located at the Southeast Corner of E Expy 83 & Tower Rd (112,000+ VPD | 7,800+ Trucks / Day)
- Less than 1.5 Miles East of Mercadome Flea Market, the Largest Flea Market in the Rio Grande Valley
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Alamo | Located in the Rio Grande Valley | RGV Population: 1.4M+
7-Eleven
- 2023 Construction. 4,190+/- SF Building on 1.49+/- Acre Site
- Brand New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
- Signalized, Hard Corner Location at the Intersection of Williams Dr (23,900 VPD) and Wildwood Dr.
- Directly Across from Cedar Place West, a 19-Acre Retail Center, Shadow Anchored by a Recently Renovated H-E-B Plus!
- Georgetown is a Located Along I-35, the Major Corridor Between Dallas and San Antonio
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Georgetown | Located in the Austin MSA | Population: 75,420+
7-Eleven
- 2023 Construction. 4,050+/- SF Building on 5.0+/- Acre Site
- Year Built 2023 – 14 Years Remaining on NNN Ground Lease
- Sits Just Off I-26 (Roughly 56K VPD) and on Five Chop Road (Roughly 10K VPD).
- Orangeburg County has a Total Population of 85,000+ People
- 7 Miles from South Carolina State University and Orangeburg Municipal Airport
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Orangeburg | Near Columbia, Charleston, & Augusta | Population: 13,523+
Family Dollar
- 2014 Construction. 8,359+/- SF Building on 0.78+/- Acre Site
- 5+ Years Remaining On Complete NNN Lease With 10% Rent Increases in Option Periods
- Tenant Rehabbed The Building in 2021 and Invested Significant Capital Into Improvements
- Ranked in the Top 90% in Wisconsin and Top 80% Nationally, per Placer A.I. Data
- Low Price Point, Corporate Guarantee
- Since Acquiring Family Dollar in 2015, Dollar Tree Became the 2nd Largest U.S. Discount Retailer.
- Augusta | 100 Miles from Milwaukee
MyEyeDr.
- 1998 Construction/2023 Remodel. 3,100+/- SF Building on 0.23+/- Acre Site
- 10+ Years Remaining On Corporate Net Lease With Rent Increases Every 5 Years
- Strong Commitment to Location | 35+ Year Eye Dr. Occupancy and Recent Tenant Remodel in 2023
- Positioned on Main St (28,000 VPD) that connects Southwest Houston to the Downtown Central Business District. Main St Also has a Direct Exit off of Interstate 69, Which Sees Over 98,000 VPD
- Within 5 Miles of Several Major Economic Destinations: Downtown Houston, Rice University, University Of Houston, Texas Medical Center, The Galleria Mall, NRG Stadium, and West University
- MyEyeDr. Has Grown to Over 820 Locations Nationwide and was Recently Purchased By Goldman Sachs
- Houston | Most Populous City in Texas | Population: 2.31M+
Wendy’s
- 2023 Construction. 2,262+/- SF Building on 1.94+/- Acre Site
- Brand New 2023 Construction – Fresh 20 Year NNN Lease
- Operated and Guaranteed by Carolina Restaurant Group Who Have ~125 Wendy’s Across NC and SC
- Sits Just Off I-26 (Roughly 56K VPD) and on Five Chop Road (Roughly 10K VPD) – Interstate Pylon Signage
- Orangeburg County has a Total Population of 85,000+ People
- Wendy’s is One of the Most Recognizable Fast-Food Chains Globally, & the 5th Largest QSR Brand in the U.S
- Orangeburg | Near Columbia, Charleston, & Augusta | Population: 13,523+
Kiddie Academy
- 2024 Construction. 10,000+/- SF Building (Plus 5,500 SF Playground) on 0.95+/- Acre Site
- Brand New Construction – 20 Year Lease Projected To Commence December 2024
- Located off GA-347 (43,440+ VPD) at Intersection of Thompson Mill Rd (5,535+ VPD) & Spout Springs Road (12,500+ VPD)
- Population w/in 5-Mile Radius Exceeds 90,000 and is Projected to Increase by More Than 1.5% Over the Next 5 Years
- Near Prominent National Retailers Like Kroger and Publix. Property Benefits from Proximity to the Upcoming Atlanta River Walk, a Proposed $700 million Mixed-Use Development in Braselton
- Kiddie Academy is a Leading Child Care Provider with Over 300 Locations and 69 More Approved for Construction
- Hoschton | 35 Miles from Downtown Atlanta, GA | MSA Population: 6.09M+
Valero (GPM Investments)
- 1993 Construction. 1,838+/- SF Building on 0.91+/- Acre Site
- 10 Year Abolute NNN Lease, 8% Rental Increases Every 5 Years in Primary Term & Options
- Located on W Ken Caryl Ave (19,178+ VPD), 2 Miles West of Highway 121 (35,718+ VPD)
- 10 Miles Southwest of Downtown Denver, Colorado
- Excellent Demographics – 532,051 Residents Living within 10 Miles of the Property
- GPM is the 6th Largest Convenience Store Chain – $3.0 Billion in Revenue, 3,200+ Locations, & 7,500+ Employees
- Littleton | 8 Miles from Downtown Denver | MSA Population: 3M+
Take 5 Oil Change
- 2023 Construction. 1,500+/- SF Building on 0.43+/- Acre Site
- New 20-Year Ground Lease w/ 10% Rent Increases in Primary and Option Periods Plus (3), 5-Year Options to Renew
- Excellent Location Along Sherwood Rd (25,708+ VPD), the Primary Commercial Corridor in San Angelo
- Near the Shops at Sherwood, a 300,000+ SF Vibrant Outdoor Experience in Shopping, Dining, and Entertainment
- 6 Miles Away from the San Angelo Regional Airport, w/ Easy Access from Adjacent Sunset Mall and San Angelo State Park
- Take 5 has 1,000+ Locations & $1.29M in Annual Sales and has been Awarded the #1 Spot in Customer Satisfaction for Aftermarket Quick Oil Changes Two Years in a Row
- San Angelo | Home to Angelo State University – Ranked as One of the Nation’s Best Colleges | Population: 99,401+