Listed by Trinity Real Estate Investment Services
$1,561,030
Brookshire Brothers
Details
Property Type Retail
Sub Type Grocery Store, Storefront
Square Footage 24,605
Cap Rate 7.00%
NOI $109,272
Tenancy Single
Brand/Tenant Walmart, Kroger
Lease Type Absolute NNN
Lease Term 32.3
Lease Expiration 04/26/2031
Remaining Term 4.9
Rent Bumps No
Lease Options Two (2), 5-Year
Price per SqFt $63
Year Built 1971
Acreage 1.530
Investment Type Net Lease
Lease Commencement 01/15/1999
Ground Lease No
Ownership Fee Simple
Retail | 7.00% CAP | 24,605 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Brookshire Brothers in Corrigan, TX. The subject property is a large 1.53-acre parcel featuring multiple entry points and has a trusted local presence built over decades.
Property Website: https://trinityreis.com/listing/100-s-home-st/
Investment highlights
- Brookshire Bros in Corrigan, TX With 4+ Years Remaining on Current Term
- Absolute NNN Lease – Zero Landlord Responsibilities
- Trusted Local Presence Built Over Decades
- Hard Corner Lot on a Signalized Intersection Along Hwy 59 With Combined Traffic Counts of 27,000+ VPD
- Large 1.53-Acre Parcel Featuring Multiple Entry Points and Ample Parking to Ensure Customer Convenience and Accessibility
- Community Hub Serving Corrigan and Surrounding Piney Woods Region, Reinforcing Tenant Loyalty
- Brookshire Brothers is a Well-Established Texas Retailer With Proven Market Resilience
Listing Contacts
Listed by Trinity Real Estate Investment Services
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$109,272.00
$9,106.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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