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1172 E Main St
Alice, TX 78332
Asking Price
$1.40M
Asset Type
Retail
Class
Class B
What's Special
1172 E Main St, Alice TX - Retail Space 1,760 SqFt <ul><li>High traffic location</li><li>Corner intersection</li><li>Free standing building</li><li>On site parking </li></ul><p></p><p>Situated on E Main Street with excellent visibility and traffic counts, the property is surrounded by major retail chains including H-E-B, McDonald's, DQ, and other national tenants. The current tenant is 7 Brew Coffee, making this a single-tenant retail investment.</p>
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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234
