Offered for Sale: $6,956,0000 | 6.50% CAP with large rental increases in primary terms of leases |
Built in 2025, includes 10-Year NNN Leases with Tropical Smoothie Cafe, Jersey Mike's, Little Caesars, and Beaky’s Hot Chicken |
36% population growth in a 3-mile radius from 2020-2024 with an average annual income of $163,900 |
1,400 acre master planned community-https://www.ricelandtx.com |
Across from Barbers Hill Middle School and Barbers Hill High School-https://www.ricelandtx.com |
90% of tenants signed 10-year leases with rental increases during the primary term of the lease |