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404 North FM 492, Palmview, Texas 78574

Price:
$1,300,000
CAP Rate:
10.88%
NOI:
$141,483
Net Rentable Area:
7,000 SF
Lot Size:
1.24 Acres
Year Built:
2006
Status:
SOLD

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Absolute Net-Lease –Zero Landlord Responsibilities
  • 15 Year NNN Lease With 3 Years Remaining on Base Term
  • Three 5 Year Options After Base Term
  • Strong Population Density With Over 117,442 Residents Within 5-Mile Radius From Site
  • Located in Tax Free State
  • Rent Escalations in Option Periods Hedge Against Inflation

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

info@nnndeal.com

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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