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3364 US-59
Cleveland, TX 77327
20-Year Absolute NNN Lease | Shell/AMPM · Retail Property For Sale
Investment Highlights
- The property features a 20-Year absolute NNN lease; It includes 7.5% rent increases every 5 years with 4 – 5 Year options
- The property is situated along US-59 with a traffic volume of 36,401 Vehicles Per Day; 3.6 miles to Walmart Supercenter; 4.3 miles to downtown
- Nearby hotels include Comfort Inn & Suites Cleveland (0.7 miles), Holiday Inn Express & Suites Cleveland (0.9 miles), and more
- Strong performing location both inside sales and fuel; The property includes 8 MPDs, 3 of which are part of the truck stop
- Situated in a row of three flea markets: People's Village Flea Market, Cleveland Flea Market, and Cowboy's Flea Market
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
5,152 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.86 AC
Parking
16 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Monument Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | R225410 | Improvements Assessment | $938,100 |
| Land Assessment | $282,930 | Total Assessment | $1,221,030 |
Property Taxes
Parcel Number
R225410
Land Assessment
$282,930
Improvements Assessment
$938,100
Total Assessment
$1,221,030
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