Stripes | 708 N US Hwy 77
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Stripes 708 N US Hwy 77
4,991 SF Retail Building Schulenburg, TX 78956 $4,156,839 CAD ($833 CAD/SF) 10.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN: No Maintenance or Management for Landlord
- 7-Eleven has an S&P Credit Rating of AA-Annual Lease Increases
- 4 Fuel Islands wih 16 Pumps
- ±4.75 Years Remaining on Stripes LLC / 7-Eleven Lease
- Prime Freeway Location On/Off Ramps
EXECUTIVE SUMMARY
Investment Triple Net Opportunity
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
4,991 SF
Building Class
B
Year Built
2009
Price
$4,156,839 CAD
Price Per SF
$833 CAD
Cap Rate
10.75%
NOI
$446,841 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.15 AC
Zoning
C-1 - Commercial
Parking
40 Spaces (7.72 Spaces per 1,000 SF Leased)
Frontage
61 ft on US 77
PROPERTY TAXES
| Parcel Number | R45390 | Improvements Assessment | $833,898 CAD |
| Land Assessment | $568,876 CAD | Total Assessment | $1,402,774 CAD |
PROPERTY TAXES
Parcel Number
R45390
Land Assessment
$568,876 CAD
Improvements Assessment
$833,898 CAD
Total Assessment
$1,402,774 CAD
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Stripes | 708 N US Hwy 77
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