2800 N. Jackson Rd.

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2800 N. Jackson Rd.

Pharr, TX 78577
Asking Price
$7.36M
Cap Rate
5.25%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Retail | 5.25% CAP | 4,816 SqFt <ul><li>​Brand New 15 Year Absolute NNN Lease with 7-Eleven Corporate</li><li>​New Construction Large Format C-Store on 1.74 Acre Lot</li><li>​Signalized Hard Corner Location on North Jackson Road</li><li>​The Rio Grande Valley is the 5th Largest MSA in Texas</li><li>​The "RGV" handled ~$67 Billion in US/Mexico Trade in 2023</li><li>​Rent Commencement: April 1, 2026 (Estimated)</li><li>​15-Years Absolute NNN Lease with (4) 5-Year Options to Renew and 7.5% Rental Increases Every 5 Years, In Prima

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NOI
$80,000
Cap Rate
1.09%
DSCR
0.18
Underwater
Cash-on-Cash
-16.17%
Monthly Payment
$36,423.159
Annual Cash Flow
$-357,077.91

Location & Travel Times