Property Info

Summary

  • Offering Price $1,863,000
  • Cap Rate 4.50%
  • Annual Rent $83,850
  • Lease Structure NNN Ground Lease

Key Facts

Corporate Triple Net (NNN) Ground Lease – 950+ Locations

9+ Years Remaining – Under Market Rent

Outparcel to Walmart Supercenter and Sam’s Club – 40,709 CPD
Retail Corridor Location – Burlington, Whataburger, Taco Bell

120 Miles from Houston – Income Tax-Free State

Industrial & Manufacturing Presence - Lockheed Martin, Gattefosse

Team

Ian  Schroeder

Ian Schroeder

Senior Vice President
CBRE
Lic. 01497897
Melissa Ley Marshall

Melissa Ley Marshall

Senior Vice President
CBRE
Lic. 01984445
David McNevin

David McNevin

Senior Associate
CBRE
Lic. 02101634