CVS - Bridge City, TX (Currently Dark)
485 Texas Avenue, Bridge City, TX, 77611, US
13,917 sf
Description
7-Eleven is positioned at the hard corner, signalized intersection of Water Street and East Sarah DeWitt Drive (Hwy 90), which sees more than 35,000 combined vehicles per day.
TX Broker of Record: Colby Mueck - License #: 500827
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Attributes
Asking price
HK$38,573,000
Cap rate
5.75%
NOI
HK$2,218,000
WAULT
8.2 years
Building area net
4,169 sf
Year built
1999
Land area gross
1.24 acres
Media
Investment Highlights
- Bonus depreciation eligible (check with your CPA)
- Worlds largest convenience store chain with investment grade 'A' credit rating
- Hard corner, signalized intersection with 35,000+ VPD
- Years of lease term remaining with rent escalations
- Zero landlord responsibilities
- Average household income within a 5-mile radius
- Dense retail corridor adjacent to Walmart and H-E-B
Contact brokers
7-Eleven - Gonzales, TX (0 Properties)
