447 Frontage Road - Convenience Store FOR SALE
Alamo, TX 78516 |
$7,681,000 USD
713-263-3981
447 Frontage Road
Alamo, TX 78516
HIGHLIGHTS
- New 15-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years
- Large Format 7-Eleven Travel Center – New Store Includes a Laredo Taco
- Located at the Southeast Corner of E Expy 83 & Tower Rd (112,000+ VPD | 7,800+ Trucks / Day)
- Less than 1.5 Miles East of Mercadome Flea Market, the Largest Flea Market in the Rio Grande Valley
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Alamo | Located in the Rio Grande Valley | RGV Population: 1.4M+
FOR SALE DETAILS
PRICE
$7,681,000 USD
PRICE/SF
$1,652 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.64 AC
LAND SF
114,998 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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713-263-3981
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713-263-3981
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