This property is Off-Market
30984 SH 100
Los Fresnos, TX 78566 ·
4,912 SF · Retail For Sale
Stripes/Valero near Los Fresnos, Tx
|Building Size||4,912 SF||No. Stories||1|
|Property Sub-type||Service/Gas Station||Property on Ground Lease?||Yes|
|Property Use Type||Net Lease Investment with 10+ years left on lease||Year Built||2003|
|Commission Split||3%||Lot Size||1.68 AC|
|Listing ID: 16755025||Date Created: 07/12/2010||Last Updated: 06/25/2011|
FOR SALE 1.677 Acres with 30 year ground lease with Stripes convenience store / Valero gas station, on the main road to South Padre Island. Tenant pays all expenses and has 23 years left on lease plus 3 renewal options of 10 yrs each. Will make a solid, consistent investment and in High traffic area. CAP RATE 6.0%
Located at the SW corner of CR 803 and Hwy 100, just west of Los Fresnos, Tx. Adjacent to Palmdale RV resort.
30984 SH 100, Los Fresnos, TX 78566 (Cameron County)
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