• Priced Significantly Below Replacement Cost – At a price of $201 PSF, this asset is offered significantly below replacement cost averages of approximately $371 PSF (Source: ProEst)
• 100% Occupied with Triple Net Leases – Allows an investor the opportunity to acquire an asset on a passive income structure with limited landlord responsibilities, ease of management, and rental escalations providing for a strong hedge against inflation
• The On-Site, Freestanding Applebee’s Ranks in the Top 13% Across All Locations in Texas in Terms of Visitor Counts – Applebee’s has operated at this location for over twenty years and is paying significantly below market rent at $9.61 PSF (Source: Placer.ai)
• Shadow Anchored by Walmart Supercenter Boasting Over 2.1 Million Annual Visits – The next closest Walmart is 40 miles away serving an entirely different market and demographic (Source: Placer.ai)
• Strategically Located at Signalized Hard Corner Intersection with Excellent Visibility and Access – The site sits along US-90 which is one of the main thoroughfares in Uvalde and boasts over 23,500 VPD (Source: CoStar Analytics)
• Texas has NO State Income Tax