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INVESTMENT HIGHLIGHTS
Seller Has Invested Over $750K in Renovations / Improvements to the Property Since 2019 Including a New Roof (15 Years of Warranty Remaining), Interior Demo and Reconfiguration, New Flooring, Wood Deck and Metal Stairs, Ceilings, Doors, Painting and More
Potential Added Value of Leasing the Vacant Space With Proforma Cap Rate at or Above 9.6%
Over 6.69 Years of Weighted Average Lease Term Remaining With All Leases Not Expiring Until 2027 or Later
Anchored by Frost Bank (Almost 200 Locations in TX / In Business Since 1868)
Other Tenants Include Tiff’s Treats (120 Locations), Flawless Diamonds (in Business Since 2016) and Pauline’s Donuts (Locally Owned / Personal Guaranty)
Excellent Visibility, Located at the Intersection of Three Roads With Over 80K Combined Cars per Day
Solid Demographics with Affluent Customers, Over 200K Population and Over $120K Average Household Income within 5 Miles
Nearby to Other National Tenants, Including Kroger, Chase Bank, Whataburger, Starbucks and More
