Listed by SRS Real Estate Partners Corporate Headquarters, SRS Real Estate Partners Newport Beach
$2,435,000
4-Tenant Strip | Near West TX A&M University
Details
APN R-005-7800-3720
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 10,432
Cap Rate 7.5%
NOI $182,651
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 2016
Acreage 0.390
Zoning RC3
Ownership Fee simple interest (land & building ownership)
Retail | 7.50% CAP | 10,432 SqFt
Investment highlights
100% Occupied | NNN Leases | Scheduled Rental Increases
NNN Leases | Fee Simple Ownership | Minimal Landlord Responsibilities
West Texas A&M University | Dense Retail Corridor
Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Corporate Headquarters, SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$182,651.00
$15,220.92/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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