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3601 South Business Highway 281
Edinburg, TX 78539
Asking Price
Contact for price
Cap Rate
7%
Asset Type
Retail
Class
Class B
What's Special
South Texas Shopping Center | $100k+ Avg. HH Income | $210 psf | 93% Leased <p><strong>Newer Construction Value Add Center (2019)</strong></p><p>Trimani Plaza is a modern retail center located on a signalized corner, 93% occupied, with minimal near term capital needs and upside through lease up of remaining vacancy.</p><p></p><p><strong>NNN Leases with Annual Rent Increases</strong></p><p>Humana and Ricardo’s have built in annual rent increases with NNN leases.</p><p></p><p><strong>Excellent Visibility & Frontage</strong></p><p>Unobstructed frontage and exposure along S
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
