620 E 2nd St - Freestanding FOR SALE
Mercedes, TX 78570 |
620 E 2nd St
Mercedes, TX 78570
HIGHLIGHTS
- Brand New 20-Year Lease | Scheduled Rental Increases | Strong, Growing Sonic Franchisee | Nationally Recognized Brand
- Signalized, Hard Corner Intersection | Interstate 2 (59,300 VPD) |Drive-Thru Equipped
- Absolute NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities | Grand Opening July 2022
- Rio Grande Valley Premium Outlets (578,000 SF) | Strong National/Credit Tenants
- Strong Demographics in 5-Mile Trade Area | Dense Residential Consumer Base
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Sonic | New 20yr Abs NNN w/ Incrs | New Const
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant
TOTAL BUILDING SIZE
1500
STORIES
1
YEAR BUILT
2022
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
S4055-00-000-0001-00
