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2410 Texas Ave
Bridge City, TX 77611
Asking Price
$2.60M
Cap Rate
8.5%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
49,000 VPD Signalized Corner | 25+ Year Operating History | 8.50% CAP <ul><li>20-year Absolute NNN Lease with 10% increases every 5 years</li><li>Positioned within infill out corridor of convenience retail and service-oriented businesses</li><li>Consistent fuel and convenience demand driven by necessity-based consumer behavior</li><li>Strong underlying real estate fundamentals within an established commercial node</li></ul>
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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577
