2705 Cage blvd - Convenience Store FOR SALE


Pharr, TX 78577- East McAllen
$2,700,000 USD
469-694-4189
2705 Cage blvd, Pharr, TX for Sale
$2,700,000 USD
Convenience Store - FOR SALE
1/5
null | 5% Cap Rate

2705 Cage blvd
Pharr, TX 78577
East McAllen


HIGHLIGHTS

  • 2024 Construction. 5,200+/- SF Building on 2.36+/- Acre Site
  • 15-Year Absolute NNN Lease, with 8% Rental Increases Every 5 Years, In Primary Term & Options
  • Premier Highway Corner Location on Major Thoroughfare – Along I-69C, a Primary North-South Route (91,265+ VPD)
  • Large Format Prototype C-Store w/ Additional High-Speed Diesel Pumps – Oversized Parcel at 2.36 Acres & 5,200 SF
  • Circle K has a Investment Grade Credit Rating of BBB+ – With Over 15,000 Locations and $71.86 Billion in Revenue
  • Pharr | Thriving Border City – Part of the McAllen-Edinburg-Mission MSA | Population: 80,602+

OVERVIEW

Rare New Construction Circle K Truck Stop Ground Lease

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$519 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Circle K - Truck Stop

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

-

APN/PARCEL ID

K2400-00-000-0140-01

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.