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Pinnacle Oil & Gas 307 W McGregor Dr 4,041 SF Retail Building Mc Gregor, TX 76657 $4,666,667 ($1,154.83/SF) 7.50% Cap Rate
Investment Highlights
- Recently Signed a 15-Year Lease
- Industrial Employment Base Driving Daily Fuel Demand
- Absolute Triple Net Lease with No Landlord Responsibilities
- Multiple Revenue Sources | Gas Station, C-Store, and Drive through Burger King
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,041 SF
Building Class
C
Year Built
1997
Price
$4,666,667
Price Per SF
$1,154.83
Cap Rate
7.50%
NOI
$350,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.91 AC
Zoning
C
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 34-049700-000100-2 | Improvements Assessment | $702,020 |
| Land Assessment | $233,450 | Total Assessment | $935,470 |
Property Taxes
Parcel Number
34-049700-000100-2
Land Assessment
$233,450
Improvements Assessment
$702,020
Total Assessment
$935,470
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Pinnacle Oil & Gas | 307 W McGregor Dr
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