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1000 N Robinson Dr 4,240 SF 100% Leased Retail Building Robinson, TX 76706 $1,696,455 ($400.11/SF) 5.36% Cap Rate
Investment Highlights
- • Six (6) years of remaining term
- • Two (2) and five (5) year extension options remain on Marcos Pizza
Executive Summary
Cromwell Commercial Group is pleased to offer the opportunity to acquire 1000 Robinson Drive, a 100% leased, two-tenant retail asset located in Robinson, Texas. The property was built in 2022 and is anchored by Marco’s Pizza, a nationally recognized QSR brand, and La Cocina, a well-established local restaurant operator. This asset provides investors
with durable in-place cash flow, long remaining lease terms, and NNN lease structures, minimizing landlord responsibilities.
• 5.36% in-place cap rate on base rent, with contractual rent increases pushing stabilized yield to approximately 5.7% in the near term, absent additional capital investment
with durable in-place cash flow, long remaining lease terms, and NNN lease structures, minimizing landlord responsibilities.
• 5.36% in-place cap rate on base rent, with contractual rent increases pushing stabilized yield to approximately 5.7% in the near term, absent additional capital investment
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,240 SF
Building Class
B
Year Built
2021
Price
$1,696,455
Price Per SF
$400.11
Cap Rate
5.36%
NOI
$90,930
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.77 AC
Zoning
C-1 - Light Commercial District
Frontage
163’ on ROBINSON DR
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 44-041109-000100-0 | Improvements Assessment | $739,010 |
| Land Assessment | $200,990 | Total Assessment | $940,000 |
Property Taxes
Parcel Number
44-041109-000100-0
Land Assessment
$200,990
Improvements Assessment
$739,010
Total Assessment
$940,000
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1000 N Robinson Dr
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