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13159746
9697746

703 W Loop 121, Belton, TX 76513

RD
TX TX 679442, TX TX 9013042
Pete & Larry LLC
Listed by Pete & Larry LLC
Unpriced
644 days on market
Updated 16 days ago

50 AC Next to Convention Center

Details
APN 52658,432326,367699,453515
Property Type Land
Sub Type Commercial, Land
Square Footage 14,873
Net Rentable (SqFt) 14,873
NOI $275,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 03/11/2035
Remaining Term 8.8
Rent Bumps Yes
Pro-Forma NOI $275,000
Broker Co-Op No
Class A
Year Built 2015
Year Renovated 2015
Buildings 3
Stories 1
Acreage 50.000
Zoning AG
Investment Type Stabilized
Tenant Credit No Credit Rating
Lease Commencement 03/11/2015
Occupancy Date 03/11/2015
Ground Lease No
Ceiling Height 21
Ownership LLC
Sale Condition N/A

Fast Growing Killeen Temple Belton MSA

Marketing description

This 50 acre parcel, listed at less than $9 PSF, adjacent to Cadence Convention Center with unlimited entertainment concerts, agricultural based events and more! With the 2028 Interstate expansion projecting 208,000 vehicles per day in pro-business city of Belton the options are unlimited. Includes an absolute NNN building leased until 2034 generating $276K a year with 3% CPI annually.

50 AC Adj to Convention Center & Future School Build Excellent for Retail Center or Mixed Use

  • No Flood Zone
  • ·586’ Street Frontage
  • Located in Texas, an Income Tax-free State
  • $99,500 Household Income

Traffic Count: 188,000 VPD

  • I-35 98,000 VPD | I-14 82,000 VPD | Loop 121 8,275 VPD

Utilities

  • Electric onsite
  • 10” water line, see map
  • 12’ gravity sewer line, see map

Situated of Expanding Fort to Port I-35 and I-14 Junction with 208,000 VPD Projected by TXDOT

Adjacent

  • East - Cadence Convention Center
  • ·West - Future School Build, Belton ISD

Major Employers in Close Proximity

  • ·Baylor Scott & White, Meta Data (FB), Greenspace Data, Wilsonart, ER Carpenter,
  • Distribution Centers—PFG, McLane, Walmart, Amazon

Surrounding Colleges

  • University of Mary Hardin Baylor
  • Texas A&M Medical School
  • Central Texas College
  • Temple College

Excellent for Big Box, Grocery or use synergy of Convention center for Hotel, Restaurants and Retail.

Investment highlights

  • Priced below market rate
  • Zoned AG and current livestock can remain until build begins.
  • ***Also available is adjacent Income property on 8.5 AC:
    • Long term tenant of 19 years
    • Lease expires in 2034
    • Absolute NNN
    • 3% CPI annually

Listing Contacts

RD
TX TX 679442, TX TX 9013042
Pete & Larry LLC
Listed by Pete & Larry LLC

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$275,000.00
$22,916.67/mo

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Additional Information

Name
Rose Durham
License
TX 679442
Brokerage Phone
2547214872
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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