709 W Broadway St, Big Sandy, Texas 75755

Sale Information

Asking Price: $2,227,200

Building Size: 5,340 SQ FT

Lot Size: 55757

Cost per Square Foot: $417.08

Cap Rate: 8.00%

NOI: $178,176.00

Property Overview

The Subject Property is part a single-tenant net lease portfolio. For more information regarding this property, or the 8 others in the portfolio, please reach out to Trinity REIS. The portfolio consist of 9 properties for a total purchase price of $15M with a blended cap rate of 7.72% and average lease term remaining of 9 years. Other tenants in the portfolio; Burger King (corporate), Gerber Collision, Dollar General, EZ Pawn and more.

Built: 1994

Occupancy: 100%

Property Details

Key Points: Absolute NNN Lease Fat Dog and Spec's Liquor - 9 Years Remaining on Term 10% Increases Every 5 Years - Next in 2023 Zero Landlord Responsibilities Lease Guaranteed by Spec's - 100+ Locations Across Texas Location Has Been Successfully Operating for Over 10 Years Ideally Positioned at the Intersection of 2 Texas Highways Limited Competition - Nearest Liquor Store is 8 Miles Away

Broker Information

Trinity Real Estate Investment Services
Branson Blackburn



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